My thinking is based on self interest. As lone star are relatively new to the AZZ shareregistry, it is fair to assume that their purchase cost is much closer to current price. I am not so sure about current management holdings (maybe the shares were freebies awarded as bonuses etc - no clue). In this scenario, I prefer Lone star to current management as they have more incentive to see the price rise beyond their purchase price. Also Lone star being an aggressive predator, they won't be dithering for years to take action to achive the share price outcome.
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