I hope it works out. I've been through 4 or 5 acquisitions over the last couple of years and never seen the lawyers return a penny. But, I guess it can happen. If any shareholders deserve more it's the long term ones here. Some great moments and huge disappointments. But the one thing that kept us here was the faith in the direction that management was steadfast about. I think the disappointment is the 'settling' for an amount and not reaching the potential we thought was attainable.
Kamoa, msg board custodian emeritus, it is Goldman, not Shire, who pulled the fast one on the BOD. This is what they are really good at - find a BOD that's tired, or knows something, and guides them to the best short term payoff. I know through more than one experience. Bottom line is V mgt. and majority owners were ready to sell and there's nothing we can do. The lawsuits are fruitless. They're ambulance chasers that show up at every acquisition.
Orin, best to you, but I think you're wasting your time with the lawsuit route. I would love to be wrong, but it is usually fruitless and there's better ways to spend your energy.
I'll hold my shares until they're taken with the slightest hope that someone else makes an offer that's worth the penalty. It happens, occasionally.
But, I first bought in about 2005 so I can't complain at $50. Hope Plec still has a lot of his shares in the
We'll get our vote when we're asked to voluntarily sell our shares at $50. However, I doubt the retail owners like us have enough shares to vote 'no' by not selling our shares to negate the insiders that have agreed to this. That doesn't mean there can't be litigation. Where's Porsche when you need him?