Crapshoot IMO. On the one hand the risk of holding is minimal. If the buyout falls through.....not good.
Potential is that we get a little extra cash and we get shares in another company (that's non-public I think) so it's possible to get a lot of value, in theory, in that other company. There's also the wild card that the buyout price gets raised through a competiting bid or other reason.
You have to figure out tax consequences as well of selling now vs. the future. Finally even at $2.87 there's still some premium vs. sell at $2.76
I've sold some and will probably just sell the rest. I'm not sure it's wise but with this much profit this quick I'll live.
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