Thanks steve and justin for your informative replies, appreciate it.
@onetimetwotime I only mentioned FTWR because its on their message board that I read the sentence that confused me. But my question was actually a general question that in my opinion applies to every company that is in a possible buyout position. I posted the same question on the FTWR board but people only call you a moron over there if you say something. So I decided to post the question over her because I know there are some serious people (steve, justin,...) on this board that take their time to help a fellow investor out.