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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