Talk of The Villages Florida - View Single Post - Developer owned utility to be sold to TV for $98.5M
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Old 10-19-2019, 10:09 AM
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OK, I just spent a lot of time reading through the links provided to try to understand what is being proposed. As far as I can tell, the information being provided focused almost exclusively on the valuation of the transaction, which doesen't answer my questions. Let's assume that both parties fully agree on the assets valuation. My questions are related to the purchasing party, which are not addressed in any of the attached material.

What are the buyers motivation for making the purchase?
Do the buyers feel the acquisition will provide better service to Villagers at the same cost?
Do the buyers feel the acquisition will provide the same service to Villagers at a lower cost?
Are the buyers qualified to run a utility?
Why should a Villages homeowner support the acquisition?

Perhaps I am missing something, but for the sake of transparency these seem like very logical questions that should be answered before the sale takes place.