Re: No reaction to AM speech
in response to
by
posted on
Sep 11, 2014 08:42AM
My thinking is this:
The board holds enough shares and will vote in favour of a buyout if/when an offer comes and the BoD feels it is sufficient.
Retailers will follow suit with the BoD because the offer will be sufficient for the vast majority.
It's not scientific, but simple logic.
I do not support selling out at any price and I hope, and assume, the BoD feels the same way.