Can't say im shocked, it never made sense to have two publicly traded companies competing for investors. I don't think much will change in the way of day to day services.
Not much of a premium at 31 dollars Canadian a share. Have to see how high the street takes the share price above the 31 dollar level. Looks like rates will be rising soon out on the east coast. Well they had a good run for a long time.
It might be a good thing, sometimes the best improvements take time and having to report profits every quarter can hinder what really serves the end customer. Also if you can operate one division at a loss, there is a significant tax savings.