They just need another 33% of the float to have control.
.33X522 million shares
172,260,000 shares at 8 dollars
If these guys end up making an offer it will be for less money than today's price.
Shareolders royally bum-slapped
If they end up joining each other, they save each other a billion dollars and can get the deal done. To me, again, the floor is $9. The market will be skeptical until its time to not be skeptical. ML has been accumulating shares like crazy. My bet will coincide with a man who has skin in the game and not be swayed by loudmouth analysts.