Hi, If you sell in now, and the 90% is reached then all...

Hi, If you sell in now, and the 90% is reached then all shareholders that have sold into the bid get $1.40 per share.

If you dont sell in and then 90% is not reached, then Cephalon can close its bid and may end up running the company as 89% holders and under the Corps Act/listing rules they are permitted to buy on market another 3% per year...soo not long after that that they would in any event reach 90+% and then force the squeeze out and take it private...

I've sold, I think it s a great deal