I’ve been trying very hard to not comment on the takeover attempt under way at my former employer, TOWER software. It’s getting kind of hard when the directors start suing each other in court and the case is reported. I guess this sort of behaviour explains why TOWER is still a 20 year old startup.
Bias note: I am a former employee of TOWER Software. I have previously stated that I hold shares in TOWER, and feel no ill feelings over my departure from TOWER. However, this childish behaviour and the low probability of the shares appreciating in value in the foreseeable future (the share price has been stagnant for four years) has prompted me to accept the takeover offer, and I will soon hold no more shares (I hope).