3 ms·

That's certainly fair, I think the big exception would be if the board feels they are at a local minimum, and that the potential acquirer is being overly opport

That's certainly fair, I think the big exception would be if the board feels they are at a local minimum, and that the potential acquirer is being overly opportunistic. Partly that's trivial, because that's when companies frequently make these types of bids. I guess what I'm trying to say, is that if a company wants to advocate the case for proceeding as an independent entity, they will make it abundantly clear. This is not that.

sigstoat 5y ago
> I guess what I'm trying to say, is that if a company wants to advocate the case for proceeding as an independent entity, they will make it abundantly clear. This is not that. certainly. i'd interpret it as though they consider the offer low, but within the ballpark, and aren't offended.