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finbar99

02/25/13 3:10 PM

#3835 RE: finbar99 #3832


>>It's two separate processes for Burnstone and Hollister

And Burnstone is not going to go the auction route - the BRP admin will whittle through the 6 at the table and come out on the back end with the best possible deal - but that deal will more or less be final.

Hollister will be an auction - so they will work through the best of the 3 offers on the table and then that best offer will form the starting point at auction - an auction that will be open to more than just the three who have submitted a stalking horse offer.

RBKissMyAs

02/25/13 3:10 PM

#3836 RE: finbar99 #3832

Got it.