Another article hit Bloomberg today saying the company looking to acquire TPCG was First Reserve an energy and infrastructure private equity firm. Again the price was said to be $40. What I don't understand is that the price was close to $50 earlier this year. What makes this firm think they can steal TPCG at $40? In the article they said the deal could still fall apart or it could happen in the next few weeks. Well if First Reserve is stuck at $40 then the deal will not go through. How could management justify selling at the price, particularly when all analyst targets are at $50+? The company and board would be sued for sure not that shareholders would vote for a $40 deal anyways. If this deal gets done it will get done north of $50.