Anyone else here holding CPB?

They're making a 1 for 6 renounceable cash offer at $22 ( a 25% discount to the last traded price of $29.59 ) to fund a takeover offer for Pearlstreet.

CPB is a leading provider of laboratory testing services to the mining,oil and gas, environmental, life sciences and other sectors through its subsidiary, ALS Laboratory Group. Pearlstreet (PST) is apparently the leading Australian company in "non destructive testing" ( whatever that entails!)

Disc: I've held CPB since February 09 for about a 150% gain.