Regent Pacific Properties Inc V.RPP

Another bidder?

[stephen o]

What's the likelihood of another bidder? I think quite likely. Say at 25c.

[coolest]

Be serious. With a debt like theirs, we are lucky that someone has made an offer of $0.20. Take it and run. There are other places to make money. Don't forget that TD and other institutional investors have already accepted this offer.

[emmgee]

My little dilemma is whether I sell now or wait for the normal buyout in October-or-there-about. I agree with you about being glad to have an offer at all.

[sledhead]

With this kind of an offer and considering the source, would it not be reasonable to assume that their is something else to this. The attempt to protect themselves from a second bid implies that this deal is a must and that value is recognised. Also, with the majority shareholders agreeing to this implicates that they must hang on in order to get their votes in. I think come October the real