itsabouttime, you might mean this with some sarcasm but think about this...
I think we ALL agree that RONIN wants something. We may not exactly know what but he certainly didn't build a PPHM position to lose money. SO PPHM has something that RONIN wants. But what?
Is going after Avid and promoting the monetizing and immediate stop of R&D in PS-Targeting what he wants or what he wants us to believe.
Suppose for a moment that his REAL reasons for being here is PS-Targeting, of his their OWN initiative or part of a bigger plan of a BP that has plans but doesn't want to come forward.
In that case PPHM eliciting ONE SINGLE public offer would need a counter offer because the party that wants the PS-Targeting will NOT just let it slip away. But if it has value for one or two of them then it has for the others too.
SO WHO EVER is after this technology will FIRST need control of the BoD in order to allow the BoD to bend the decisions in their favour (for our good :-)
The splitting of both activities FORCED parties to let look in their cards. But it ALSO means that PPHM at this time KNOWS what RONIN wants because otherwise they would be devising such precise counter measure.
They are laying the cards so that colours must be shown and there would be NOTHING that RONIN can publicly say because he gets what he was preaching, a separate AVid that would NOT be bend under the weight of PS Targeting R&D. How could he even oppose that, UNLESS his REAL target was not Avid AT ALL!
IMO We are going to see a NEXT MOVE and it just may NOT be one of RONIN (SPECULATION). In all cases, whatever it will be, this is not over BECAUSE RONIN has proven one thing to Wall Street and that is that there is something inside PPHM that has value justifying to buy 9% of PPHM in about 4 months and aim for a BoD take-over in an hostile way.
RONIN is not Barnum as far that I know.
AIMO
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