I believe that you are right DTM%5.  I question the leadership at CSA, in light of their slowness to recognize the downturn and to protect the company when there was a downturn.  This cost them dearly as some of the leaders of the companies they had acquired, left.  Not being able to adapt and downsize/cut costs quickly has resulted in today's company.  Can it improve?  We have to wait and see.  I would have thought that IDG would have had access to pertinent material before they made the offer.  What could have caused them to walk away?   Will this affect the next company who maybe is contemplating acquiring CSA?  I would think that this company, with its annual sales, would be a good acquisition.  Amalgamation with IDG or any other company could produce synergies and help the bottom line of the acquiring company.