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Yeah I wouldn't hold EEI into earnings at the end of next month. But they do still have that $13-$14 buyout offer on the table. From the 7/23/15 filing:

On July 20, 2015, Mr. Jacobs, a Management Committee Director of the Management Company, had a conversation with the Chairman of the Board of the Issuer in which Mr. Jacobs indicated that the Fund may have an interest in acquiring all of the outstanding shares of the Issuer not owned by the Fund at a price in the range of $13.00 to $14.00 per share, based on the assumption that the Fund would be able to negotiate other terms and conditions of such an acquisition that would be acceptable to the Fund, including securing support for the transaction from the Issuer’s Board of Directors, management, key employees and stockholders. Any such transaction might be structured as a merger, tender offer, asset purchase or other form of transaction.


They prob wouldn't take it anyway, but company did form a special committee:

https://finance.yahoo.com/news/ecology-environment-inc-board-establishes-220000411.html