On 5/25/07, Joseph Tainter <[EMAIL PROTECTED]> wrote: > I can't imagine Sparx has any intention to retain its shares. When an > equity firm pushes for a merger, it usually indicates that they plan to > cash out their shares. > Paul > > ----- > > I hope so. One thing doesn't add up, though: Why would Sparx insist on > the right to interview new appointees to the board if they are cashing out? > > Joe >
Because they want to be sure the new board will support the buyout. -- Best regards, Alex Sarbu -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
