It would appear that nobody thinks that this is going to have a superior offer show up. I am actually a little shocked that the market reaction so far.
No further bids from other interested parties by next Wednesday means this will likely be re-stated as a binding offer, and will go through with support of the RHP board. Synnex and TechData are also merging, so this looks to help combat that.
Updating sentiment for LTH to sell, if you can get $2.50 today.
Sentiment for arbitrage players is buy below $2.44.
RHP Price at posting:
$2.44 Sentiment: Sell Disclosure: Held
