What are the chances of a going private deal- and what kind of premium would thw company have to pay? Would it be a 33% premium over the 90 day average price, or would the company have to pay more to get a fairness opinion?
I think a private deal has to happen. Not sure of the legalities. Seems to me he would have to offer a 'fair' price to close things properly. The longer he leaves it the better the price he will have to offer. You can understate numbers only for a limited period. My gut feeling is he will offer a decent price to the remaining shareholders. This should be well above todays depressed prices.