Unless WGR is overvalued at the moment, there is no disadvantage to AAG by accepting the WGR takeover bid. If anything the merged entities price will be at a bigger discount to its intrinsic value than AAG's price is now to its value!
In other words, if you think WGR is a good buy on its own merits, you should not object to the takoever bid.
Or is there something i'm missing?
AAG Price at posting:
25.5¢ Sentiment: LT Buy Disclosure: Held