There's a missing ingredient here. If the offered price was 1/10 the appraised price, it's a straight out greed-based power trip. The PTB (powers that be) could probably have used eminent domain if they were willing to come up with a market appraised price of $40 million. I read elsewhere that the Bundy's refused some low-ball offers. There's also the family ranch thing, as you pointed out.
Thanks for pointing that out, I seem to recall reading or hearing about that too.
Just wondering though, if they went the imminent domain route, wouldn't the purpose of why have to be revealed?
I could see Reid throwing some fits over that!!