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I think many people are completely missing what is going on with Atlas. Since the news first hit all of is have learned more. ONE is offering up $1.4 billion to take Atlas private. ONE is the driver of this deal. Everyone, take a deep breath and think about this. This is not a Fairfax deal. Or a David Sokol deal. For Atlas this is a kick ass offer. Because going private offers many big big advantages for Atlas, especially in its current state (big time expansion). Public markets are a big pain in the ass. For the other large shareholders (like Fairfax) going private is also a big win. So what do you do? You support the proposal. It is the rational and right thing to do. This is not screwing anyone. This is how business is supposed to work. i am sorry, but i do not get all the anger on this site about this proposal. It is a business deal. Not that complicated. Atlas stock was stuck; mired in the toilet. Shipping rates could drop through the floor in the coming months. Actually it is pretty likely that shipping rates will come down. Atlas stock could easily have fallen off a cliff from here. For anyone who was paying attention, the stock tracks what is going on with container rates. NOT Atlas as a finance/leasing/capital allocation company. Mr Market WAS NOT DRINKING the Kool-Aid. And despite all the talk about how cheap Atlas stock was pretty much nobody on this board was buying when the stock was trading below $11.00. At least i wasn’t. The bottom line is current Atlas shareholders have been given a gift. An opportunity for a quick, sizeable gain. In the middle of a bear market where the funds can easily be re-deployed into lots of other great opportunities. ————— Many years ago when Odyssey was bought out by Fairfax a majority of my net worth was in Odyssey stock. I welcomed the news of the buyout. At the time i expected the buyout offer (unlike the current situation). Was Fairfax being opportunistic? Yes. Smart bastards. My only mistake was not waiting for the the small bump Fairfax delivered to shareholders to close the deal (very predictable in hindsight).