RE:RE:Re Re Dev let us all downLOL.....If a cash offer for $1.40 came in, and DML matched it with shares, I doubt shareholders would take the DML paper instead of cash. Also, it would trigger another round of DML short selling to hedge/lock in the increased share offer to cash equivalent. One certainty is that DML couldn't raise the cash to better a cash offer......
Greenday wrote: .... It's interesting that the merger agreement permits DML to match any competing offer, but what else could DML do? 1:5? 1:75? As Dev said at the news conference......everybody keeps their cards close to themselves.