The sad part is that they have a respectable offer above what they paid for the preferred. If they are waiting for a better offer, probably not going to happen. Bad part for them is that they can’t vote.......tooooo bad!! Maybe they should have bought more than .01 percent of the commons. I own about 2.8 percent of them. All voting no.......
I can’t believe nobody mentioned the news this morning. I’m glad to see that a resolution to the preferred has been worked out. Compromise is good. I’m glad that management worked a deal that will hopefully be good for both parties.....can’t wait to see the details.