Realty check, GE is a shareholder, in fact the biggest. So operating Arcam in GE's interest is operating Arcam for the benefit of most shareholders. And Elliot doesn't count as they are shareholders simply to extort a premium and not interested in the long term interests. So the question is between the 15% holdouts and GE, whom should the board be most concerned with. That question is simple and the minority protections go to process and not operation. What's the issue?
Oh, and guys, the compensation for the board and officers will likely be in GE stock. So guess whose interests trump??? And even if in arcam stock, since GE is the key customer and operator, guess whom gets the cat bid's seat. LOL