There are to many big institutions that have a much higher basis than $10. Have patience. Until the economy gets better or PBY earnings go green for a few quarters I doubt you will see any serious buyout offers. Like Dan said in his post $10 and even then I doubt you'd see much enthusiasm.
mnro just hit 52 week high today...pricebook 2.67.
for those who thought the service bays weren't worth the $$ and all money was in DIY and commerical parts think again. MNRO is proving the service bay model is viable.
so the .55 book for PBY means we can 5x to get to MNROs price.
MNRO should take these guys with a stock swap. I'd do the deal in a NY minute. They could split this thing into parts, keep the service bays and dump the parts business to ORLY, AAP etc. for peanuts. Imagine 6000 service bays for free.