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Re: swimom post# 23622

Wednesday, 06/04/2014 1:04:48 PM

Wednesday, June 04, 2014 1:04:48 PM

Post# of 30644
Bakken was an LOI. They don't all work out by definition.

Investopedia explains 'Letter of Intent - LOI'

1. Letters of intent are used during the merger and acquisitions process to outlines a firm's plan to buy/take over another company. For example, the letter of intent will disclose the specific terms of the transaction (whether it is a cash or stock deal).

Plan Definition
dictionary.search.yahoo.com
n. noun
A scheme, program, or method worked out beforehand for the accomplishment of an objective.
a plan of attack.
A proposed or tentative project or course of action.
had no plans for the evening.
A systematic arrangement of elements or important parts; a configuration or outline

DO PLANS ALWAYS WORK OUT ?

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