So there is now buy out for this year? Suppose to be the dead line on 15 dec?
"Owns?" you have no idea how much he has on margin, could be a lot, could be zero, but it is not a foregone conclusion that he has complete control of that stock. Furthermore, read the proxy. The BOD has a great deal, they are not going to let this be sold and lose all of their "goodies." A take out is very remote.