Originally Posted by
mistaTea
The fact that these people even need to ring around, desperately trying to get people to vote says it all really. They aren't allowed to suggest which way people should vote, but you can be sure they will be emphasising that the Independent Directors have recommended the offer etc.
The reality is, if their offer was reasonable they wouldn't have to work the phones at all - the reasonable terms of the deal would speak for itself and 75% of those who bothered to vote would endorse it.