Per Dayton Daily News today (8/25)EBSC reported the anticipated 2Q loss of $1.3 mil. Management refuses to consider selling the company and claims they can cut expenses and be profitable by Christmas. Snyder (biggest shareholder and a source for the recent Barrons article)would like to see a takeover but thinks the price will be a lot better if EBSC is profitable first. Snyder plans to meet with D3 Family Fund LP and decide whether to join their challenge. I will keep posting updates as this takeover fight develops if readers of this board are interested. Anyone there?
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