As a backgrounder, if you have not done so, you might want to read this blog: Ascott Residence Trust and Ascendas Hospitality Trust to become one. It was published on Wednesday, July 3rd, 2019. The blog here is in reply to a reader's comment that it is a bad deal for AHT investors. AK says... While not fantastic, really, it isn't that bad a deal for AHT investors. For every AHT unit, we will get almost 0.8 unit in the combined entity. Priced at $1.30 per unit, the deal values AHT at almost $1.04 a unit. AHT was trading at way below its NAV (of about $1.01) for too long. See: AHT Stock Fundamentals. Also, priced at about $1.04 a unit, the yield of AHT would be about 5.76%. At $1.30 a unit, the combined entity will provide us with a distribution yield of about 5.5% which is pretty...