making call options on bnbg. thats what happened to volkswagon...

making call options on bnbg. thats what happened to volkswagon around its takeover by porsche i think and it tricked all the hedge funds out of all their money as their was only 12% of stock actively traded on market and 20% had been lent out to be shorted by hedge funds.so it was a massive short squeeze.

as for the buy backs. i believe azzg have done one and announced everything, including daily buyback notices.