SRC, nice post overall!
Well, I might not agree with the Venting part, at least the public venting (as I have noted in a few non-persisting posts here) but venting in private or voicing your displeasure to Titan management can be not only therapeutic, but could bring about resolution to the very points one is disgruntled about.
I have said several times that Mr. MccNally HAS TO know more than we do about the redacted parts of the agreement, and possibly other agreements which currently remain confidential. Folks continue to bash Mr. McNally in both public and private forums without knowing if he has already put things in place to make us all inordinately wealthy. I'm not one to bad-mouth a guy who is trying to make me rich!
That being said, things like buyout value may have been discussed verbally and informally, but the actual buyout process starts with an offer (probably after, and in consideration of, the three independent valuations that others have described) which then the BoD and shareholders will both need to approve. This also serves notice to other interested parties if they should want to get in on a bidding game. There most likely isn't anything on paper anywhere yet regarding this initial number unless this ball has already started rolling!
As someone noted recently, Mr. Zaring started with Mazor, and 2.5 years later, that acquisition was completed. If this acquisition is on a similar timeline, Mr. Zaring started at Titan just about 2 years ago, so we could close a deal on a similar schedule by end of this year, if that's the plan. Various articles (including a Forbes article I ran across this weekend) say that 4 to 6 months is typical to actually close an acquisition, so again, things could be percolating in the background at this very moment. (I'm still thinking next year at this point, but I would love it to be sooner).
Message in reply to:
Hey livendi, It's been a long ride but I do believe it will all work out but venting is therapeutic and helps while we wait.
That said, consider this, what if MC knows something about the redacted agreement that gives him 100% confidence that MDT isn't going to walk away at the end of the agreement(s) and that they will eventually acquire us? If the public new the pps would be way up.
Read that a couple times and consider it. It requires you to think a differently than everything you have heard to date. Remember, it can't be an offer b/c he would have to disclose that. It's about the agreement itself, more specifically the redactions.
