RE: RE: what happens They won't have a choice if a clearly superior offer is presented. They would face major legal problems if they did this. Although they don't seem to be taking their fiduciary duty to shareholders seriously, they still have it. And with all the public and media attention pointed at them these days, they better step carefully. As the funds leading the opposition's legal teams are no doubt ready to pounce on any such intransigence. So imo they would be very wise to accept Waterpan's bid when it comes.
Also, if they continue to be a problem, we probably have the votes with the funds to put in our own friendly board.