Back in the 70's during the recession, companies felt more of an obligation to share a portion of profits with their shareholders. As Westwood One slowly turns around and makes a profit, they could issue a one time small dividend to get interest in the stock again.
Think about it, Gores Group would benefit the most since they own most of the stock and control the company. Also, any major increase in stock price will help recoup their $100 million investment a lot quicker than trying to take the company private for the next 5 to 10 years.
Agreed. Gores now owns half the shares outstanding. Insiders (according to Yahoo), own about 17M shares which leaves roughly 34M shares as the "real" float. At today's price, it would take just over $2M to buy back ALL the remaining, non-insider shares. Of course that won't happen, but for less than $5M, I think at least half that remaining float could be retired as well as get the share price within striking distance of $1.00 and escape from OTCBB-land without a reverse split.