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Zedi Inc ZEDIF



GREY:ZEDIF - Post by User

Post by schottchris1on Feb 07, 2014 10:18am
437 Views
Post# 22183626

I VOTED NO

I VOTED NO
I have votied no because the company is worth more than $1.05 a share – its still a growth story – and the offer treats the company as mature company valued at 10x EBITDA (which is only fair for a mature company…at best).
 
I have a considerable block (well it is less than 2% of outstanding) between my wifes account, my account.  
 
Here is a question that I have not been able to get answered: Management is offering to buy the company. Can Management also vote their shares in favor of the takeover? If so this is patently unfair.
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