Comment by
lscfa on Jul 14, 2021 9:24am
Do more dd. Crawford says they prefer to announce only closed acquistions but rules require them to announce material LOIs.
Comment by
dileas48s on Jul 14, 2021 9:28am
Right, so I guess that depends on the definition of material - I don't know how it's defined, but I remember him saying they are sometimes forced to announce an LOI, when their preference would be not to do that.
Comment by
besttobe on Jul 14, 2021 9:30am
ISFCA wrote "Crawford says they prefer to announce only closed acquistions but rules require them to announce material LOIs. " Maybe do more DD. Their is no reglatory requirement to announce LOI's. Notice he paused and gave a nervous laugh when the question was asked.
Comment by
lscfa on Jul 14, 2021 10:02am
there is a regulatory requirement to announce anything material, whether it is a LOI or something else, dumbass.