InvestorsHub Logo
Followers 25
Posts 2533
Boards Moderated 0
Alias Born 10/26/2003

Re: papaphilip post# 29024

Friday, 05/07/2021 7:09:55 PM

Friday, May 07, 2021 7:09:55 PM

Post# of 42877

FYI - A Data Room is a secure place that is used to store privileged data, usually for legal proceedings or mergers and acquisitions transactions. Data rooms are used for storing documents, file sharing, securing sensitive documents, and conducting financial transactions. There are two types of data rooms: physical data rooms and virtual data rooms.

Haha... Glad you finally know what a dataroom is. I've been in thousands of them in my time. The fact that a dataroom has been "set-up" means absolutely nothing as it costs peanuts to set-one up. Cameron did NOT mention the dataroom had been populated nor did he mentioned 3rd parties were given access. BTW, datarooms are used for a lot of reasons other than M&A.