Do you know if Chancellor's deal gives them more stock only if RC fails to meet financial targets, or is that provision stock-price driven? If it's the latter case, they will have far less motivation to press for the changes that will put an end to dreadful quarterly reports such as the two most recent.
Any idea what's going on with the stock now? RC is going to fight Chancellor's backing out, but doubt if that'll work force 'em back to the table. However, in the past few days there's been some activity reflected in a bounce off the lows of Nov. Any thoughts? KDW