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Message Boards Settings Airspan Networks, Inc. (AIRN) - Quote Info
voting no with my votes     17-Sep-09 05:03 pm    
I'm going to vote no for everything. It probably won't matter, but who cares at this point. I think the only group that has got the raw deal in the history of the company are the common share investors, whom in which this company was created for. But every time I look, I see an employee compensation package or how Oak bought another piece of the company on the cheap, because managment burned up a bunch of cash.
Though, if you vote no, you may want to sell your shares just in case it fails and Oak doesn't increase their offer.
The company should have got the same deal from Oak with a 20% carve-out for common and $15M in cash that was adjusted by average PPS for the year, not .08.
Again, Oak is taking advantage of a situation in which they helped create and considering the potential business coming for Airspan, this is NOT a fair offer to common investors. Oak helped creat the situation and then did what everyone else did, made an offer based on the net value of the company.
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voting no with my votes
ActiveActio... Not rated 17-Sep-09 05:03 pm  
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Airspan Networks Inc. (AIRN.PK)

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