I don't think your theory or possible scenario is out of the question since we don't necessarily get all the details. If I had to guess they looked at both offers and took the better of the two... But that's assuming that the 3rd bank involved placed an offer already. Which, remains a possibility and a mystery. I guess time will tell... Could we get $4.25, $4.50... $5.00?! Would be sweet...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.