ZA Group Inc (ZAAG)

[wallstreet1231]

If you speak with "We Three" I think you find out that there is no connection. "We Three" was acquired by ARNH in 2013 with contingencies. Those contingencies were not met and "We Three" exercised their opt out option. Once this was exercised CDIF, whose CEO is Kathy Roberton (former CEO of ARNH) pursued them to be acquired by ARNH. This is the story I have been told. One could question whether Kathy intentionally did not meet the contingencies knowing that she would be leaving ARNH and wanted them to be part of her new company. Yes, I do believe this would be a violation of her fiduciary responsibility should this have happened this way - I am not saying it did but this clearly is a possibility.

My opinions as always.