first, understand the facts, page-4

  1. MJS
    2,293 Posts.
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    Another fact is that someone can make any offer they want to the SPS holders, and the SPS holders can decide if it is in their interest or not.

    Many a takeover / offer is qualified by the terms "not fair, but reasonable" by whoever is undertaking an independent assessment. It is very easy to think of a range of scenarios that cold qualify as this or SPS.
 
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