BUYOUT OF TEAVANA - LAW FIRM SEEKS MORE MONEY FOR SHAREHOLDERS
I agree that this price is low. The CEO got himself a sweetheart deal and is preventing shareholders from having any vote. He also put in a $20 million penalty fee provision so that no other bidder will come forward and make a higher offer. Why prevent shareholders from getting more money when your selling the company? It's only because he cut himself a deal and doesn't want it broken up.