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Re: MattAntonino post# 26350

Friday, 09/28/2007 8:56:05 AM

Friday, September 28, 2007 8:56:05 AM

Post# of 143139
Correct, but that's part of my point. Why bother to do that if you know you can't get away with it. He knew before hand that Lenox couldn't obtain Cal-Bay's assets without taking on it's liabilities. So the acquisition was doomed from the start. Seven days later he announces the termination of the deal. Would think that gave shorty plenty of time to dump more shares imo...