dont' agree.
WSE could make an offer to purchase the trust. People would be able to distinguish that this was buying the assets, not just settling damages.
Moreover, if it became and acquisition, the other interested parties could make offers to top WSE, producing more income to the trust. Kim/buzbee blew it.
All this does is insure that WSE gets a cheaper deal and unitholders get less. MOreover, why should an outsider even bid if they know all their work on the bid is only to ensure that WSE gets a sweeter deal.
The more I think about it, the more I am sure this "preferred bidder" clause absolutely must not be accepted.