Their strange condition of 40% (and not 50%) for the 28c to 36c offer price increase would also make some sense, when they actually only were interested in starting the STX t/o via the swap as soon as they reached this stake of WGO…
… and a bit more conspiracy theory…
The move by MIN from their initial position of exactly 200,000,000m shares or about 16% of WGO to 19.x% before accepting the Hancock offer was at the end “not helpful” for them… after the acceptance from MIN, Hancock was just a bit over the 50% threshold…
ok, now its gone wild.. but… at the end, this move by MIN played in the hands of STX… what ever this could mean…
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