&gt;&gt;  The board turns down an $825M offer because they feel it is their duty, given they expect the company is worth more than that.<p>I remember when Blackberry was in its patent fight with NTP and they made them some insane offer and NTP turned them down, much to the shock of Blackberry. I remember one of the Blackberry lawyers saying, &quot;I&#x27;m not sure what they&#x27;re waiting for, the offer we gave them would give every employee of the company $40 million dollars.&quot;<p>It was a total PR stunt to show the company&#x27;s employees they were getting screwed by the owners.