Originally Posted by turbojet28

If Bill Franke had an inclination that the institutional shareholders weren’t on board with this deal, common sense would say that he would’ve already adjusted his offer by upping the cash portion, adding a reverse termination-fee, or both. The fact that he has been completely silent seems to say that he either is very confident in this deal winning or that he doesn’t really care if it falls apart. I find the latter option a little unlikely.