Friday, August 15, 2008

End of Week One

As the work week ends, there are no new reports of buyout numbers. In fact, the number 16 was continuing to be cited by management types. Given the dearth of information coming in to Mr. Sunbeam from buyout-takers, he cannot confirm any numbers independently. There is some talk of others adding their names to the list, but the number is small. One taker told Mr. Sunbeam that his wife was urging him to rethink his decision. So numbers can also drop.

The buyout period ends at 5:30 p.m. CDT on Wednesday, Aug. 20, in case you forgot. No additional time is set aside for rescinding an offer. You're all-in or all-out by Wednesday eve.

Mr. Sunbeam will keep you posted on developments as best he can.

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