They do actually cause all the execs are banking on closing this deal. KKRs reputation is also on the line here. They've been putting this deal together for over 5 years now. It hasn't been an overnight approach.
I still don't think you understand, if there were 1,000 shareholders and 999 held 18% of the register and 1 held 82% - the board needs to act in the best interest of the 1 rather than the 999. Read any CFA textbook in the governance section.
Ann: Update on Non-Binding Indicative Proposal, page-36
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