Preliminary bids , multiple , no later than June 30thOne would assume the "preliminary" offers for the company are higher than current share price
I am cautiously optimistic that by next Thursday we will have a solid offer presented to us
"in the consideration of third party proposals to acquire all of the shares or material business units of Intertain. In recent weeks, some parties have made preliminary offers in that regard. Other parties have been conducting due diligence following the execution of nondisclosure agreements and have received management presentations. The Special Committee is evaluating all proposals on an ongoing basis and expects to provide a further update no later than the end of June."