Rustichit
Why are you so negative?
Most probably, the takout price is around $7.50-$8.00.
Also most probably the company doesn't want to sell at that price.
In 5 years from now, it could be $30 so why give the company away.
They probably had this offer for about a week and didn't announce it
until they got fed up with the stock price dropping and
decided to do something about it. and release the news.