RE:RE:RE:Mierlongrun86 wrote: Might make sense for Knight to try and buy these through a tender offer.
I look forward to the Meir experience being a distant memory.
LR
I am very confused by all this ...
Meir had an opportunity to unwind the deal with Goodman - the only thing Meir wouldn't have seen is the dividend payments that he made to use over that period, if he took the unwind.
Instead ... he took it to a battle.
He got booted off the board.
Paid us back $77M+ to get his shares back.
Now he's taking ~$5/ea as he's selling (and we're sort of buying them from him with our buyback/cancellation program.
How is this as good or better than if he would have just done an unwind with Goodman ?
The problems here was "pride."
Pride can butter-fudge you up royally.