There is something fishy going on as FWR's SP is lower now than when the third party was announced but I doubt if they would do anything as blatantly manipulative as to not have a third party at all. They say they are negotiating a "value-enhancing alternative transaction" whatever that means but I believe it is going to be touch-and-go as to whether or not that will be a better offer than NOT has made. My feeling is that it may look better on the surface but be worse underneath. Under NOT's offer FWR shareholders can still participate in FWR's blue sky but it remains to be seen if that will be so in a "value-enhancing alternative transaction". I would add that NOT's blue sky would also be enhanced under that deal. We shall see. JMHO.