macquaire recommendation, page-11

I dont hold CSM but find this one of the most fact-filled threads on H.C rather than a pile of rampings and B.S.

Does anyone know about the $5 mill that CSM will have to pay P/hirst if the board recommends that shareholders accept another offer?

Not sure if this is a common occurence or if the board is just out to look after itself.Seems to me that shareholders are a long way down on their own boards priority list.