that's why I think an offer at 10$ is more plausible...
Keep everybody happy, avoid the poison pill...
I don't know how a poison pill really works... but is it management that has to invoke it or any shareholders?
I see 10$ because it's higher then what we've been in a while... so a lot of shareholders will still be making money... management won't be pissed off... and the deal will go throught...
If you ask 6 bucks then increase it, it means that not all shareholders will make money, based on Reuters institutionnal holders,
| 52.93% |
|
# New Positions: |
18 |
| # of Holders: |
55 |
|
# Closed Positions: |
6 |
| Total Shares Held: |
71,584,297 |
|
# Increased Positions: |
24 |
| 3 Mo. Net Change: |
17,281,853 |
|
# Reduced Positions: |
7 |
| Price Range Quarter: |
9.30 - 9.36 |
|
# Net Buyers: |
17 million shares where bought between 9,30 and 9,36... so you have to give a profit to these boys in order to make the deal go throught...
