Script
[SEND VIA TEXT]
As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made.
After the past several days of thinking this over, I have decided I want to acquire the company and take it private.
I am going to send you an offer letter tonight, it will be public in the morning.
Are you available to chat?
[VOICE SCRIPT]
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a. |
I am not playing the back-and-forth game. |
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b. |
I have moved straight to the end. |
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c. |
It's a high price and your shareholders will love it. |
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d. |
If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder. |
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i. |
This is not a threat, it's simply not a good investment without the changes that need to be made. |
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ii. |
And those changes won't happen without taking the company private. |
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2. |
My advisors and my team are available after you get the letter to answer any questions |