ckk...takeover target?, page-25

DB..WS never paid 30c for any share. He did buy 1M at 26.5 and continued to buy all the way down to around 18c. The T/O company would simply have to convince CKK shareholders that their converted investment would have a greater up-side with their company. ie established market, expert management etc etc....the same story any company "spins" to entice shareholders to approve the T/O...nothing too complicated about how they would go about it...It's almost a standard script. Even if WS is hostile to the T/O, he only owns 6% of the stock...I'm thinking he would be supportive of the T/O especially if he sees a better future upside in going along with it...L :0)