Keegan, you mention in your post "and then they mention that the bod of spq has now sided with them".

Actually what I read into the memo is that there are certain conditions that must be met prior to the offer taking effect, and one of them is that Spider's Directors and Officers tender their shares to Cliffs and vote against the merger. I don't see them saying that the BOD has actually sided with them.

If I am mistaken, maybe somebody will correct me.

Thanks,

Notmine