Any company can buyout CUU shares in a takeover bid.

Isn't this the point of the Shareholder's Rights Plan? Even if EE would agree to sell his shares, and he has the vote essentially, then the SRP would kick in and prevent a takeover. It states that as soon as a company buys at least 20%, or even says they intend to buy at least 20% then the Plan kicks into action.

So you are suggesting that we all willingly sell our shares to a third party, and that third party would then go around the intent of the FRoO? There's probably a reason why it wouldn't happen--like it wouldn't be cheaper and the contract wouldn't be satisfactory, or they wouldn't pay enough for EE or the rest of us to sell. They couldn't really start buying on the open market either because it wouldn't take long for the price to go out of reach.