Ann: Further details of competing proposal , page-3

Agreed, this new company needs to realsie CLO are paying a low price for the strategic benefits they can offer.

I have never in my life seen a company try to takeover below market price, why would you let them do due diligence. I would be telling them start at $4 and we will entertain the idea.

Market likes it though so puts more pressure on this company and basicalyl has put them in their box.