Wednesday, May 02, 2012 11:11:11 AM
I find it very hard to believe that going dark was the result of any 'deal', and here's why:
If agreement was reached and the due diligence period is 60-90 days, the price would already have been set, no? In order to go dark and not get the highest price possible, there would have to be a letter of intent, pending due diligence, and at which point, the letter of intent would have had to be made known as material prior to 3/29's darkness. Financials would have had to have been shared as well as a market analysis, at which point, why not make public the letter of intent for $x.xx per share, let the price run there and either it checks out during DD or it doesn't...
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