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lizzy241

12/12/24 4:25 PM

#431441 RE: seve333 #431439

Seve, There's hidden value to unwrap if a private equity firm makes an offer to take it private. It's just a matter of playing with the numbers to make it worth their while and ours. Usually, it's at a premium much more than the current price of the stock. If Denner can get his number he'd listen to a bid. Since the current board members and top management answer to Denner they'll go along for the ride then he'd have to sell the individual stockholders on the offer since there's no institutional interest because many HF's can't buy a stock under a $1 to risky, Denner would require approval from shareholders who own the stock at much higher prices, they would require our final approval via a proxy vote. Also, he has to be careful or he'll be sued up the wazoo. Denner owns over 25mill at much higher prices, you can be assured only if there's $$ in it for him and Sarrissa would he agree to take the company private.