RE: RE: RE: JEC does not want Ithaca to make an ac WHY do they not need shareholder approval????? This is a material change for the company, I tthought shareholders own the company, such an acquisition shold require a vote. It would be interesting of the list of funds who wrote non-binding letters totals more than 50% of the shares, if not a vote should be needed. Iain and management CERTAINLY do not own enough shares to account for any controlling position of Ithaca.