If cubist wants to buy this company, then why are they not picking up all the shares being sold on the market and driving the pps up???
They must be skeptical themselves about this deal going through or their ability to pay the cvr.
Well, every share cubist buys at the market price saves them from paying the cvr.
That should be incentive enough, and they do need enough shares to get the deal done on top of that.
So why not buy, at least half way to the cvr add on.