RE:RE:Circular re OfferGT, there are a number of considerations for making a decision on how to vote.
- With AVO's recent growth and building sale what confidence do you have in the company going forward? Clearly Motorola has confidence in AVO's future.
- What is Motorola's interest in AVO and why is it so important to them?
- Is this Motorola's final and best offer? My last takeover, with only one bidder, was rejected on the first offer but it did pass on a sweetened offer.
- If management needs only 30% of the remaining votes, given that all insiders vote for the offer, then management needs to get the 30% of the votes from the remaing 70% of the shares not committed. Management' shares are committed already. Thus, management would need 30%/70% or 43% of the retail votes to carry the proposal. Sorry to be so complicated
- Would Motorola walk away? Very unlikely IMHO. Personally, I would not mind riding this stock for another year or so..
I learned long ago to avoid making recommendations for other peoples' money unless I manage their accounts. While I voted 'no' in all three accounts, I am not making any recommendation for anyone else.
Congratulations to you hearty souls who have weathered the rollercoaster called Avigilon.
Ed, the old guy