The decision to create & accept the offer was made in 2008 - set in motion in 2009 - and, now, they're spending their time w/ attorneys making sure to cover their asses.
Case in point - that *one* commercial that Mel Conmazin had produced a couple of years ago. You know, the web-only 30 second commercial that looked to be produced by an intern.
In a court of law, being stupid and making mistakes is not a crime. So, they're doing what they *have* to do so as they can have a defense, should it ever go to that level.
Conmazin sold this company to Malone a loooooonnnnnggggg time ago…and the bastard got $300mm+ in stock sells to make the deal.
That is the number one reason why I took my money off the table and only have shares that were purchased by gains.