http://www.prnewswire.com/news-releases/ventana-board-of-directors-recommends-shareholders-reject-auxs-unsolicited-offer-112372279.html
This is actually very good news, because it looks like batista is going to have to come back with a better bid. Apparently he was originally going to offer more for the remaining ventana shares he doesnt own, and that was one of the factors why ventana chose to not go ahead with the sale.
What does this mean for galway? more exposure, and perhaps another price spike when new offers come in for ventana. Not only that but it sets a precedent that we arent going to take a low ball bid, since ventana wasnt willing to either.
someone on this board had mention that this new bought deal financing added enough shares to make it harder for someone to come by us on the cheap.
no matter how you look at it, its great news for us