Internet Board
Internet Board
| Author | Crown Investor |
| Date | 00/12/31/15:54 |
| I personally appreciated the previous post. It certainly provides me with more incite about this company.
I believe the latest takeover can be stopped. We can do it one of two ways, or boths ways for that matter. The current Rosemore takeover requires a vote of a majority of the minority shares -- or in other words a majority of the shares NOT held by Rosenberg. While the last time, not voting counted as a NO vote, this time the count will be based on only those voting. The second way is that the takeover requires 2/3 vote of all shares. We CAN stop this if everyone votes and VOTE NO. All you union folks with your 401(k) plans, instruct your broker (T. Rowe Price?) to vote no. If you own shares outright, vote and vote NO. Work has already begun on the large institutional shareholders. But we need everyone. Rosenberg probably has a plan to sell the company at a much higher price than $10.50. Of course, this assumes there is a buyer. Hard to believe a buyer will surface without the union problems being solved. This is the real reason why no other bids have been forthcoming. Don't let Rosenberg steal the company from us. Vote NO!!!!!!!!!!!!!!NO!!!!!!!!!!!!!!!!NO!!!!!! |