CELG says: yes we want buy you out BUT there are too many parties involved having too much power on the company (board) over the CYCCP
CYCC says to tang: please give me the CYCCP i give you CYCC worth 11 with the CYCCP you could only make 12.05 at as buyout in Q1
we will be bought out at 25 so you can make more with the CYCC shares
all agree all are happy
There are some rules about a board member or two being appointed by the CYCCP voters I think. I'll have to look it up. But this probably gives CYCC the seats back. If so, don't assume they will keep buying the CYCCP's back for now.