Cellestis shares jump on agreed $341m takeover offer from QiagenNow I know more than just a few shareholders who are more than happy to point out that on this issue the media is sadly mistaken. Until a 75% vote is obtained this deal is just a doodle on a phone pad.
These guys (aka significant shareholders) are angry and say that they have been sold out, they have lost faith in the board to best represent their interests and therefore they will be voting NO.
Should this turn into a populist rout there may well be no winners and many losers. It is over to Cellestis' management to manage this situation for the benefit of all shareholders.
