Possibly the final chapter in the SNCR saga?
Siris offers $18 per share in cash, a 69% premium on the closing price on Wednesday.
A small battle won in a losing war for long term holders. $18/share is 56% lower than when Saul sold in December around $41. So much for holding for the long term – the long term has been taken away. SNCR holders shouldn’t have ignored the short term, when the rug was pulled out from under them in December.