Why are you so caught up on this generic wording? Does it even influence anything?
This is their best and final offer to go to the vote with. They will not increase it (again). The mention of "subject to no competing offer" is just suggesting it doesn't preclude them from revisiting should there be a competitor.
In layman's terms-we're done increasing the offer, go to the vote
I understand some of the conspiracy theories regarding the stock and the takeover, but getting weird about standard wording is a strange one...
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