They made an offer, Period. Conditions have to be met, Aprovals have to be obtained, clfs have the > 20% in COMITMENTS lockup agreements also have exit points, Shareholders dont have to tender and I guess not tendering is a vote against the buyout..
What would happen if we held out..could we not as a group force the board to convene a sharehoders meeting and force the merger vote...SPQ have sent a check to KWG but I dont see a reason that cant be changed.....woul the support agreements hold after that. would Clifs refuse the tendered shares (I Think NOT) Spq board could be turfed and replaced by KWG board...
Just a thought....perhaps a viable alternative to getting slaughtered.
IMO I think I will hold for later