Or... pure speculation, but may play out this way given BPT's history..... perhaps BPT have just thrown in this low ball bid to get a stake in WGO, but knowing it's not enough to take out the whole company..... then whatever BPT's WGO holding is gets converted to STX shares when WGO eventually merge with STX, and then BPT has a holding prior to making an offer for STX.
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