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Tuesday, September 02, 2008 4:05:57 PM
If I were Adam, I would've wanted some rationale from them as to why he should wait.
It could've been something as simple as a conditional letter of intent saying that if he would wait for them to do their own inspection, they would match the highest BID plus a minimum % over.
Or they might be courting him as a one-stop shop (they'll do all salvage at all their properties and have the means to handle all kinds of materials (brick, steel, timber, gas, etc).
Who knows, but I have to imagine that Adam wouldn't jeapordize other bids simply because a larger firm came in at the 11th hour.
All my opinion...
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