Even if Rogerson is in the position of doing what he has to do as a CEO...meaning bye-bye commons if necessary...
Thoughts to consider...
We must remind ourselves that Peltz and Trian have a substantial stake here...Will Peltz let Rogerson cancel out his investment in this company that he made prior to bankruptcy @ $100+ million?
Is SVP ready to just let their investment go bye-bye? What is Skadden doing for them?