Ann: Proposed Sale of Cybersecurity Business, page-66

Another Theory from Me

Deal Gets approved

Share Buyback Starts

Majority of disgruntled Holders sell

Gary keeps his holding

Gary's % Of Ownership Increases

Company isn't viable to be listed

Gary then gets control of the business and whatever money is left, he then lodges a takeover of TSI from CX Partners

Gary has the most to gain and the most to loose, at the moment he's loosing, but surely he's not silly enough to do a deal that'll hurt his back pocket