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BobbyB,
MPH is a small stock (sub $4 , 14.7 M shares, $55 M market cap) and so it wont make the Dow Index or even the ticker that often. A typical day sees less than $300 K in trading.
Snrub,
CART's BoD authorized a buy back of 2.5 M in April 2001, and by December 2001 they had bought back 1,054,000 shares at a cost of $15.5 M. The finance director can purchase up to 1,446,000 additional shares from the open market at any time. CART does not have to pay any premium.
The point is Forsythe-Vannini and Pook at their leisure have a lock on CART. Privitization only allows deals to be done in secret. There is absolutely no threat of any hostile takeover.
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