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Thursday, February 17, 2011 8:20:16 PM
My guess is they want as many cheap shares as they can get over these last few days. If they drive the price up, they defeat their purpose.
Also think about this.
If APP exceeds the target in a time where they had everything go right, FKP wants to pay out as little as possible. If APP exceeds, they (FKP) owns a company that is worth more then originally valued ($23). SO therefore FKP is now worth more too. Not really a loss on their part.
And do you really think FKP wants an independent review of their books?
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