what if.....tata

Just thinking out loud here;

Tata is ACE's biggest customer with a 10 year contract with $30 million sales in the first 3 years as forecast from their October 2008 media release.

Could Tata take advantage of their liquidity problems and think about a buy out of the company at say 10 cents a share? That would only cost them around $20 mil to own the IP outright ultimately using it to leverage of their connections in other overseas auto markets.

Who would take 10 cents? Would the board be in a position to defend something like this happening?

Interested to know others thoughts since it is so quiet on the ACE forum