I have been doing some digging and have found something very interesting that ALL shareholders should look at.
Read Tacticle Defences on page 26 in the link below. This is a link to a legal institutions guide to dealing with M&A activity. In our case, I looked at us as a target, when reading it. I was looking for answers to see if the recent news could hinder an offer.
Look at pages 26-28, you be the judge and see if any light bulbs go off in your head.
http://www.dwpv.com/images/Canadian_Mergers__Acquisitions_Guide_-_English_(4th_edition)_ewlr.pdf