Duke...exactly. Assuming Denner is successful, the 8 holdover directors will dictate what happens if they vote as a block. The real question is who will be Chairman of the Board? That could have more influence on the company’s future direction than the 7 seats. Is it one of the holdovers or one of Denner's seven? Can somehow Denner be appointed? With the limit of 15 board members, it must be one of them or someone resigns.
You are right Duke but just thinking with all the bad blood, a new Chairman and 7 other cooks in the kitchen what that dynamic will look like. KM should have been more forthcoming and offered a compromise to get 2 or 3 of Denner’s guys for more diversity of opinions and approaches. Now with all the name calling and each side calling the other liars and incompetent not sure how well they can work together. JMO.