Modify the tender in some way? The 23rd is coming fast. $11 is way too low.
They increased the offer to mollify some big holders. If the big holders do not sell into the tender, they will not be able to unload a big position in time for the promise they made. I am thinking that some pension funds are not so eager to sell.
Waaay to low. You would be an idiot to sell now.
With all the cash and cash flow why did they borrow? Lenders don't like to give borrowers "walking-around-money". Must be a reason.
I'm gonna have a heart attack soon. My kids hate me.