So maybe that means PRY would prefer cash or it could mean that PRY wouldn't mind an investment in a bigger company prior to exiting - especially f there are no others offers on the table.
A sale to PHG would also overcome the problem of finding a CEO for VEI. Its interesting that a condition of the offer is that no changes be made to the executive staff of VEI, which means not making an appointment.
VEI Price at posting:
77.5¢ Sentiment: None Disclosure: Not Held