It definitely wasn't a fair nor reasonable offer and even colloseum know that. Question is whether Colloseum has the desire to seek sufficient control to delist and or copulaory acquire remaining shares. If they just wanted to obtain control of the board to dictate strategy then they've done that already. Given that they've now obtained 64% interest not sure why they wouldn't just up the offer to close out the deal.
PGR Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held
