Surprise in what was not said I was surprised they didn't just make at least an $18 offer to make people think about. When they announced they discussed pricing with holders of 50%, in 95% of the cases, the buyer usually announces they have a lockup agreement with major holders to convince everyone the offer was accepted by those they spoke to. What was missing in their release was any acknowledgment that they had an agreement with anyone to go along with their $16 offer. But if the deal doesn't get done, it's on their heads, not the shareholders who supported the company over the lean years. I believe we all wish the company well, and either way, if they spent as much energy on making money for everyone rather than a lowball takeover , history shows much better results