better deal, page-3

WC,
They need 90% to force the transfer of the final 10%. At that point you would get the 0.455 on offer.
There is a chance they find themselves between 50.01 and 90%. In that case they have two choices. Keep CLR as a public company and keep the small shareholders that didn't sell, or negotiate with enough persistent shareholders to enable them to get to the 90% mark.
They will be talking with Wallin with a sweetener because he has a decent parcel.