I just spoke with the law firm and they provided me with the merger agreement and in it it states how the company will not seek out any other bidders, will not provide any due diligence, how management will not vote for any new bidder and that even if a bidder came forward it would have to pay tens of millions of dollars in order for it to make a topping bid, which fidelity can match.
you seem to think companies are beating down the door to buy us???? Think again sir. The law firms are ambulance chasers. Where were they when we really needed them. Maybe you aren't a lifetime stock owner like many of us. Can tell you that in this economic climate, I am very happy for the sale and will do nothing to try to stop it. So if you want to make a law firm rich, and risk delaying sale, more power to ya sir. But as for me, William J. Doyle's grandaughter, I will be happy to sell the company and move on. I encourage those with questions to email me at firstname.lastname@example.org. Please put sale in subject bar.
totally agree. Not a lot of Companys are breaking down any doors to buy a company, let alone a California Company. this is a great offer and time for a lot of us to sell and move on with our investments