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To: I_C_Deadpeople who wrote (20158)4/4/2008 6:08:59 PM
From: TheTortuga  Respond to of 25575
 
Eric, I believe CLL has 250 million shares outstanding (fully diluted). Now that is alot of shares!!!



To: I_C_Deadpeople who wrote (20158)4/4/2008 6:35:18 PM
From: Lhn5  Read Replies (1) | Respond to of 25575
 
Management doesn't have to take an offer of $5 if they don't want to. Then it would only work as a hostile offer and they would have to start buying up shares on the open market etc etc.