<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Thursday, July 30, 2015 11:24 AM</td></tr><tr><td>To:</td><td>Shahzad Shahbaz</td></tr></table>

if you thought appropriate, EdR would send its=CFO and \head of asset mgt to see you , or your designee to get a fu=l handle on numbers. Their initial review thought the synergy =n combination savings minus of course the social plan costs =C2 could be substantial. . FYI,

## =C2 please note

The information co=tained in this communication is confidential, may be attorney-client pr=vileged, may constitute inside information, and is intended only for

JEE

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</=iv>

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