Maybe he wants to take it private or maybe he is expecting a take over in the future doesn't strike me as fishy though. That is a lot of cash to spend out.
VCB2 I don't have any doubt you are buying just find it odd, most would accumulate quietly best of luck to you the more you buy the more profits I make.
VCB2 why on earth would you tell people when you are buying if you are trying to get a big position makes no sense to me surely you would want them as cheap as you can?