I don't see the point in phone calls asking what price would be acceptable. The diverging answers would be mind boggling and at the end of the day if they get enough support (pricewise) at the higher end of the register job will be done.
It is also true that IF there is someone else at the negotiating table then prospects for a higher offer are much better - (I'm certainly not filled with confidence - surely Todd would know if there was someone else at the table?).
It would make sense for Todd to be talking to major holders and if they read HC may want to talk of course to any self proclaimed large holder. (Don't believe everything you read on HC - or should that be anything?)
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