I don't see it as the takeover failed. They took control of the BOD to facilitate completion of asset purchase which is almost like a takeover as they were pulling the strings at that point.
Dropping the takeover bid saved time and money in legal fees not to mention allowing other bidders an opportunity to join in - something WC did not want.
The ticker is still available and GBI wants it imo.
Acknowledging the long shareholders should NEVER had been mentioned in the PR along with their desire for transparency moving forward -- no one seems to talk about that important word.... Private entities need not be transparent.
GBI/Hagan and WC will have publically misled investors at this point if commons are cancelled.
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