NoBloatware
Member
And you honestly think this acqusition will not benefit current share holders? Really?
I guess you're talking to me. The deal will obviously benefit any shareholders who bought the stock at a lower price than the proposed purchase price. That being said, the deal may not be fair to those shareholders. Just because the price has gone up quite a lot it doesn't necessarily mean that it shouldn't be higher. That's the point of the lawsuit. The guy thinks that the proposed deal is too low, not fair, not a good idea. I don't have the facts to make a judgment either way but I'm not going to jump to conclusions and say he's wrong, greedy, and he "should be happy". What if MMI is worth twice as much as Google's offer? How can anyone say shareholders should shut up and take the money? That's not good business sense. Leaving money on the table is a bad strategy.