RE:Superior offer conclusion The board's responsibility is to the shareholders. The offers are not always merely about share price, but all the terms and conditions surrounding it. It is way too simplistic to just say "this one is better because it's higher".
Anyone who thinks that the key component of the offers is that management gets to keep their jobs and salaries knows NOTHING about this management group. These are competent people who know how to run companies. They have done a great job with this company so far, trust them to see it through to the best result for all shareholders.
VeeP