RE:A Similar ViewpointIn my view, if there is no takeout and the Committee recommends business as usual, things boil down to the following:
1) How will the market react to the news that there is no takeout in terms of where the share price settles at post-announcement? (I suspect most shareholders who were banking on a takeout would sell)
2) Wonder if there was in fact a firm takeout offer for $8 or more per share that the Committee rejected, or if no such offers at $8 or higher were received.....?
3) How long (if ever) it will take for CTS's share price to rise to the $8 to $9 range....?