Spectrum stalling on deal closing...Spectrum claims they feel they should wait due to the recent credit issues in the market, citing that they feel the assets may be undervalued at current prices. This is reflecting on the latest news release by Spectrum.
I don't like that Spectrum is stalling on the deal and trying to get more cash for assets when the deal seemed close to final. It just seems cheap and almost insulting to the other party's involved. I guess if the offer is close to what they truly wanted they may be pinching penny's. Any thoughts? Please do your own DD.
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