Nockname, Why would the bondholders want to see the company go...

Nockname, Why would the bondholders want to see the company go bust? It is take-over proof, since the $60m bonds would have to be repaid, and no one is prepared to do that for nothing. They know the up-side is enormous, so as sensible investors they will just wait until the bureaucrats finish their approvals work and then ride the gravy train up and up.