BR10 no triple herethe offer of $75 million has to cover off the difference between $1.60 and the option/warrant prices.
guess who's going to make out like bandits on this?
I wonder if Genlyte will step up and take a run? Unless things have changed, they own a large number of shares and have a big interest in this NOT going to Philips.
I think we may still see $1.80/1.90 before this is done, which will at least take me back to my cost...