747922, Matsson told the old guard about the price so they'd go to the board with it Posted by Melanism, Mon Apr-24-23 12:33 PM
If the board approves the sale, the CE-Bros have a fiduciary responsibility to go forward with it or they'd be voted out and/or it might be a SEC violation.
That's why they needed the deal tanking to come from Matsson.
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