STARBOARD gets 3 seats on the Board of Directors

Discussion in 'Depomed' started by anonymous, Oct 17, 2016 at 7:36 PM.

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When do you think the company is sold?

  1. 3 months or less

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  2. 3-6 months

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  3. 6mos - 1 year

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  4. we're not getting sold

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  1. anonymous

    anonymous Guest

    I'm having a hard time seeing the value in acquiescing to Starboard on this; Jim felt confident that there was no way they would get the votes needed, so why not have the meeting?

    I think our legal team is just tired of fighting/defending. I mean, let's not parse words here, because Starboard has one purpose, and ONE AND ONLY PURPOSE, and that is to sell the Company.

    If you're a shareholder, I guess that's another $5-$7 per share before the sale. If you are a rep, get the resume updated.

    Good luck to all of us.
     

  2. anonymous

    anonymous Guest

    Surprised by Jim's email. Didn't expect this at all.

    To the OP: we should get at least $35 a share.