what should be allowed is the ability to sell his shares to other interested parties, not only the Company itself.
And no, I do not see it as a classic buyout but more a stock-for-stock merger.
Unfortunately, they said first that there would be a choice: cash-for-stock or stock-for-stock...and they said that the cash offer could be big, very big.
Now there is no choice... and you have more uncertainty.
If a blue chip merge through a stock-for-stock with a smaller Company, the owner of the smaller Company knows what they will receive and can make a rational decision.
Here... it will depend of the level of transparency, historically so low,...
- Some of the less friendly observers have determined that we will abandon our principles and reveal ourselves as shallow cynical exploiters. We must disappoint them... quite simply put, we walk our talk -
