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JustForFun7

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JustForFun7

Re: Implanting post# 18116

Wednesday, 10/31/2012 10:09:51 AM

Wednesday, October 31, 2012 10:09:51 AM

Post# of 26631
Jal, unfortunately I have never had the experience of having another buyer come in to make a bid when a HT is taking place where the new bid is not serious. It takes a lot of DD to put together an offer and that costs money. At a minimum they would negotiate a significant breakup fee to cover their costs if they do make an offer. The bankers and lawyers don't work for free and certainly not peanuts.

Even white knights result in a sale of the company. Just on better terms.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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