RE:RE:The Real Question Now is........do we think a Competing Mikepal wrote: Does anyone want to chime in if this has ever happened before to another company in the same boat as TST? Meaning a competing offer came in?
not sure, but IMO a binding purcahse agreement means no other offers can be accepted, unless specified in the agreement.
that said, TST has been sold for little more than cash value ($42.4M). the plants, tax assets, patent(s), and other assets have literally been given away. a sweet deal for PLI, not so for shareholders no matter what their cost is.