Secure Point Technologies Inc (fka IMSCQ)

[buffalop51]

What was the end date for the Zapata acquisition? Most here mention practically a zero chance of another bidder. If I were Smiths racing L3 for the tunnel of truth? I'd be tempted to seriously delay there ability to try produce it. A few big companies wanted it. If 117 was dirt cheap, logic would dictate they all new ch. 11 would flush the # out and a second round of bidding might not be 'a zero chance' and maybe a good chance.

Imagine What would happen in a instant if Smiths came in at 125M. Keep in mind what Implant did was not your standard 11, usually you file then begin selling off assets to try and pay creditors. This was done simultaneously. It would have been a straight buyout for 117M but L3 set the terms.