Re: Increased offer-hawnkoa
in response to
by
posted on
Jul 28, 2008 05:33PM
The company whose shareholders were better than its management
I believe the 90% refers to if K gets 90% of the shares they can force the remaining shares to convert over to the deal.
I believe they require 66 2/3% to win the bid.
I share = 1 vote
so management have 2.74 million shares/votes
I understand options (8.9 million) cannot be voted
safeharbour