Hi Smartdude
I see the process a bit different to you. So far RMS has only had approx. 3.5% acceptances from EXU
shareholders. As far as I can see, the offer in its current form is a dead duck - EXU shareholders aren't
interested and the EXU board has advised 'Reject the Offer'. RMS has signalled their willingness to meet with
EXU management to get a better understanding of EXU's underlying value and then possibly increase their offer
if they can be convinced of EXU's value. Hopefully they will meet and agree to a higher offer price that the EXU
board will endorse - this will be a win/win for all sides. We shall wait and see.
