kitehigh - exactly !Nathan doesn't back too many losers and...

kitehigh - exactly !

Nathan doesn't back too many losers and he'll have 19% of the merged entity. It (WHC) will definitely be on the market.

CWK - mainly because of South Vickery (which alone is worth the $150 mill. required for a takeover at $1.10), then throw in Ferndale ...... and it makes it more valuable to the merged entity than it will cost them.
Let's face it $150 mill. to a $5 bill. enterprise is chicken feed.