Originally Posted by
mking84
The shareholder had not choice. Since it owns more than 5% of common stock it had to be filed publicly, per SEC rules. I dont know what will come of this, a merger with SKW will surely not be the end of things. It brings two huge regionals together, combining contracts etc.....
There will not be a merger or any type of buyout without CAL's approval, in addition to any other government red tape associated with such. This was just a public statement taken way out of context.