CSG Inc. (fka CYSG)

[unexpected]

Something you may find interesting I know I did, another possibility or reason for gradual diltuion if there even is any....

In a tender offer, however, the acquirer completes the tender offer and purchases majority but not full control. There are always some shares that do not tender into the offer.

To purchase these remaining shares, the acquirer must perform a merger. If the tender offer reaches more than the 90 percent threshold, then under the laws of most states and Delaware no shareholder vote is needed and the merger can occur immediately after the tender offer completion.However, if the acquirer purchases less than 90 percent of the outstanding shares, a shareholder vote must be held to complete this merger. This means that the proxy statement to be filed and cleared and, for a shareholder vote to occur, must run again.

http://dealbook.blogs.nytimes.com/2009/10/14/the-peculiarities-of-tender-offers/