Regent Pacific Properties Inc V.RPP

another bid

[boldone]

Me thinks there is already another bid sitting in the wings that the close friends know about but why tell the lowly shareholders.

[recon]

I can't imagine a North American operator allowing a foreign operator into the market without a fight, at the very least you would force them to pay more for the asset!

[fisherman7]

I agree - the Euro's have deep pockets and if they enter the North American market the comps. would be in for a price war. Always IMHO

[CastorBH]

I wonder if UPN themselves are buying up the shares? I am trying to imagine how this may benefit them!

[wooduck]

If they thought another bid was coming... 1-they could sell accumulated shares at a profit 2-they have more shares to vote infavor of the deal (for themselves or a bid 19 to 21 is cheap fot them.

[arch12]

I have a feeling your theory is right on the money.

[tjmj]

SAPPI

[theProf20]

tjmj do you think sappi is interested in repap and will bid for the company