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Those Battlin’ Brookfields have their hands full these days. Brookfield Infrastructure has made a hostile $13.5 billion offer to Inter Pipeline, which is playing coy for now.

And Brookfield Property Partners is weighing a bid from its parent company, Brookfield Asset Management (BAM), to take it private.

While John O’Connell sings BAM’s praises and owns the stock, here’s why he believes Brookfield Property Partners unitholders should reject the offer.

Related stories: Bear & Bull Cases for Brookfield Property Partners