Replies to post #1684 on Scottish Re Group Ltd (fka SKRRF)

[Enterprising Investor]

BlackRock could play a role.

They might be able to negotiate a higher bid or make a counteroffer offer. BlackRock owned 8,602,247 shares or 12.58 percent at 12/31/10.

http://sec.gov/Archives/edgar/data/1064122/000108636411000212/scottishregrou123110.txt

Mr. Market will provide us with an indication in less than 24 hours. I would not recommend anyone placing sell order at $.30 in the morning. They might just be disappointed.

[h_man_investor]

Would be too expensive because they would need to take out MM and Cerberus' liquidation preference that would take place with a change in control (I believe).

I do agree with EI that they could sweeten the deal to get it done, though.

It will be interesting.