Scov, with the news today about the hostile pressing forward, I guess we will see if RA Capital is correct about the feelings of the shareholders.
If they are correct they will rush to tender. If they are not - then the game continues.
It now comes down to how many people offer Ramius their shares. and in a way I can see why CYPB started buring thru the cash earlier.
I actually have been thru this once before. I ignored the process, then had a personal phone call, from the hostile, asking me to tender. I never laughed so hard in my life as it gave me a chance to voice my opinion verbally....which was a hoot! They eventually didn't get the numbers they were after and another company came in and saved the day. Not saying that will happen here, as I don't even see someone else indicating interest, but it certainly brings back fond memories.
If there is someone else interested I would imagine now is the time to come out of the woodwork because it's getting serious?
A mind troubled by doubt cannot focus on the course to victory.
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