it's not really a massive step at all, it's not even the first bid that's been submitted.
they've done this now to undermine the upcoming trust meeting where a motion will be passed by the c.1000 trust members to begin trust-backed protests.
we shall come down on the board with great vengeance and furious anger.
it's the first offer whcih - presumably - meets the critiera the board publicly stated they want.
It'd be suicide for them to reject it