They may realize that the average shareholder may be intimidated by the wording and simply surrender. After reviewing said documents and taking notes,I find it best to contact several of the law firms and will do so this coming Monday.
My feeling is that they won't get the majority they seek and if another deal for a higher price is tendered,those who already surrendered may not be able to partake in the increased pps offering.
I'm speculating but will definitely give it a look-see.
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