RE:RE:RE:RE:RE:Think like the BuyerI understand gellometrics.
For the average small investor, a part cash deal would actually not be so bad.
If they liked the buyer, they could obtain tax deferral regading capitall gain by retaining the shares of that buyer; if they don't like the buyer they could just sell shares in the market and likely not take that big a hit.
I think the all cash deal is more for the benefit of Cynthia, Roger and other big holders.
In Pubco takeovers, usually the major shareholders are prohibited from selling their shares for a certain period of time, and they might not want that.
Unfortunately, insisting on an all cash deal does reduce the universe of potential buyers.
However, I doubt that they would have retained this stance for so long if they did not think doable. Or else, just a bargaining chip that is used in negotiations which they could concede on at the end. Hopefully, we will find out soon.