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This is the lowball offer I warned about in the past. The management is in bed with the p/e guys (much like Michael Dell when he went private) HOLD on to your long positions. There is a significant (10%) activist shareholder. I will be interested to see what their take is? I still think one or more corporate buyers could emerge. If your in at 23 or 27 or 28 you can sit back and see if there is any FIRE to go with the SMOKE!
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