12-02-2012, 03:52 AM
"also put the MM on notice as well as inform the SEC as to the problem and their actions"
Ive always been amazed that they haven't already done this, and really made a point of it. As far as asking major shareholders to pull their shares back, I cant imagine that would get anywhere, except perhaps Chandler. I think the response would be "do a deal already" and it will take care of itself. I doubt the funds like to be "instructed" on how to manage their positions. Plus its been perhaps the most lucrative aspect of holding shares for some of them.
Ive always been amazed that they haven't already done this, and really made a point of it. As far as asking major shareholders to pull their shares back, I cant imagine that would get anywhere, except perhaps Chandler. I think the response would be "do a deal already" and it will take care of itself. I doubt the funds like to be "instructed" on how to manage their positions. Plus its been perhaps the most lucrative aspect of holding shares for some of them.