well it depends what price they shorted at.Less than $2.50 and...

well it depends what price they shorted at.

Less than $2.50 and they are stuffed.

More that $2.50, they get to close out at the takeover price and take their gains.

I am not surprised someone is prepared to move on this group. It is the management rights for the satellites and the guaranteed cashflow this represents each year that someone is after. These are quite valuable agreements to have in place.