Mirvac's low ball opportunistic bid is appalling for MRZ...

Mirvac's low ball opportunistic bid is appalling for MRZ holders.
Even the independant consultant called it not fair.
Its the easy road for limp independant directors.
MRZ holders have held through a tough past 18 months to have a 24 % holder fleece the smaller investors.
This is a highly accretive deal to MGR.
The core portfolio of MRZ has a better lease profile and exposure to Government tenants and a longer WALE than the MGR core investment portfolio.
Even a capital raising would be a better option for MRZ holders than this.