I think the way to play this is to have both sides.Wi-Lan and MSD.Let's face it Wi-lan can easily add $8/share to their bid.they would acquire MSD assets with +100M cash in it and use that $$. No share dilution etc. You need a position in both as Wi-Lan will significantly increase in value with the addtional MSD income.Not much risk buying it @ 39.15 with a $38 bid. I have both sides covered and increased my position on both.You can hear what Sprott said-at least $45 and hey some else could bid them up-hopefully Wi-Lan is successful.Nice dividends if they do.Anyway that's my thoughts-BP