Why do you say this? The transaction is expected to close in December. Also, I am not so sure the $26 price is set. Some attorney looking to profit from the situation claims to act as an "advocate" for the shareholders. Correct me if I am wrong, but based on the terms of the preferred shares, the transaction with ARC should guarantee holder par + unbiased dividends. I would say shareholders should not accept this "agreement". Tell me where I am wrong in this assessment.
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