Here's an example of how the price reset will happen and I think is exactly what will happen with CSHD:
<<Publication: Business Wire Publication Date: 12-APR-05 Format: Online - approximately words Delivery: Immediate Online Access
Article Excerpt DENVER -- In response to Verizon's filing of its S-4 statement with the SEC today, Qwest Communications International Inc. (NYSE: Q) issued the following statement:
"No proxy filing can explain away the wide discrepancy between the shareholder value Qwest offered and Verizon's lower offer.
"The letter in today's S-4 filing from Mr. Capellas, on behalf of the MCI Board of Directors, clearly states that MCI has unanimously adopted the merger agreement. This pronouncement should send a clear message to MCI share owners -- Mr. Capellas and the MCI Board 'unanimously' support the creation of two classes of share owners and that $23.10 is what share owners are entitled to. This declaration by MCI ignores the facts that Qwest offered MCI $27.50 and that Verizon has cut a side deal that will pay one...>>