I fear god blessed Special Commitee was unwilling to take the best strategic alternative, because that option happened to not be Scott Ginsburg. And that the best offer was probably not going to need Scott Ginsburg's services any more. So the Special Committee decided not to take it.
When the company reveals NOTHING about the nature of the offers it received, one has to be suspicious.
I hope Alex Meruelo calls a special meeting (he only needs 10% of the shares to do that, after the poison pill expires early next month), to throw out the entire board.