The value of this deal really depends on how the acquisition is structured.
Too much more debt is not a good thing, prompting rating downgrade and possibly a dividend cut.
Too much share dilution is not a good thing, taking share price lower and possibly a dividend cut.
Either way dividend growth investors are not going to be happy.
“Either way dividend growth investors are not going to be happy.”
I’d be very surprised if the management even cared about their investors.