Apologies for the delay in posting, I have been busy managing the many headaches in existing positions. GCOM was eventually purchased for $14.15/sh which on first look seems like the low end pushed by activist investors. The original thesis is here. The Yahoo summary page is already inundated with lawsuits from shareholders and I think there is a small possibility of a bump in the offer.
http://finance.yahoo.com/news/wasserstein-co-acquire-globecomm-systems-131500297.html
Value Cap Trader 