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Re: Sam81 post# 95206

Friday, 11/04/2016 9:46:59 AM

Friday, November 04, 2016 9:46:59 AM

Post# of 427034
That is not correct. Companies are under no obligation to disclose there is interest or a negotiation ongoing. There was negotations going on, but no FORMAL OFFER was made, for whatever reason. JZ even said they had 20 interested parties, and again they delayed GIA by one week because they were still evaluating things.

You are wrong that companies have to state negotiations are ongoing. No idea where you came up with that idea but it isn't true. Buyouts happens out of nowhere ALL THE TIME. How many buyouts happen with no advanced notice besides perhaps a reported rumor? Most of them.
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