It appears, in a strange reversal, that commerce has been granted the right to arbitrarily tax (over and above any costs for services)
an otherwise public enterprise dedicated to circulating and building knowledge for the public good.
We also want to make clear that any attempt by you to merge or
otherwise combine with any other
public or private company, thereby inflating the
enterprise value of the combined entity without increasing the share price for your existing stockholders, would further erode any potential value in Northstar shares that could be realized through a cash dividend or share buyback.