shareholder action group, page-4

LZA,

A successful No vote at the least tells Qiagen their bid of $3.55 is totally insufficient.
So from there on almost anything can happen.

- higher offer would reflect the potential of CST
- no further offer therefore their bid fails
- a bid from another party. And this may well happen as Qiagen have clearly demonstrated the benefits on their website they expect get from CST and these are substantial and rewarding. Public relations has never been a strong point with the management of CST and this is primarily why the SP has never equated to the value of the company and why Qiagen can put in such a low ball offer and make it appear 'good value' to shareholders.
- Qiagen do not make a higher bid so it all collapses. Probably at this point the current management, particularly the Chairman would realize how un-supportive of shareholders he had been and would resign. If the CEO and the Chairman go no loss but possibly the CSO if he went might be a loss, but there is always the example of SRX where the inventor fell out with his board, but ever since then that company has gone from strength to strength.
- perhaps the shareholders who said No might actually install some board members who would act in their interests and not themselves and the Company doing the takeover.
- As you can see there are numerous possibilities, but given the energy in the NO group there will be no doubt that what ever comes out the other end will be a better company than what is there now; or you will get a much better price for your shares than that now offered.

cheers

redgum