For me Todd Corp has never been the problem, it has been our boards inability to do the best for shareholders, in my opinion they are only looking to protect their incomes. They noted cost savings in the Quarterly, but if they were serious they would be cutting the $1M admin bill, oh but wait that would mean no more massive pay checks, no we can't do that then, again just my opinion.
If I was Todd I would have also put in a lowball offer to the board, I bet Todd couldn't believe their luck when the board backed it. What matters now is what happens after the NO vote.
Cheers 1h.
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