I have received similar types of letters like this from other stocks I have owned. If you want to hold your shares just complete the form and return it to them saying no thanks. If you don't complete the from then I believe they will compulsorily sell your shares.
The big difference in this case is normally a company just retires the shares. But in this case they are going to sell them to Todd. Does that seem fair to all shareholders as they are not reducing the amount of shares in existence and just giving them to the majority holder.