The family demands are at the expense of shareholders, not the acquiring Company, so I don't think their parachute would kill the deal; it would only shave the price. The value lies in the loans, not the cash, which they would acquire at a slight discount. The enterprise value would more than compensate for the discount. However, I think their recent disclosure is all smoke and mirrors. I think the family may be the acquirer with outside financing and they're taking the Company private.