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Re: wsbvcb post# 24115

Sunday, 04/11/2010 3:28:29 PM

Sunday, April 11, 2010 3:28:29 PM

Post# of 35503
This is where it does not make sense to me.

It appears to me that the only way the buyer can make a mini tender offer and still buy 100% of the OS is to hold 95% of the OS at the time of the offer. Does anyone have another way to reconcile the use of a mini for 5% and the description of the offer as 100%?