RE: RE: Info Circular - Schedule "D" - YemokoYour statements about the existence of "details of funding institutions etc." in takeover bids being always included are simply false. Your example is one case only and not the general rule.
Two examples I can think of are QGX and Centurion -- both cases were similar with shell companies with eventual foreign parents. As far as I can remember both indicated that they would use existing cash or other sources for funding and no details about their existing financial state or bank accounts or sources were provided. They closed.
Forrest can choose not to close the deal if so inclined -- they are on the hook for the breakup fee, which is minimal but they certainly would lose some credibility if they did so at such a late time.
Since today was the first day you posted on this or any other board, I assume you are short. Your continual use of the phrase "due diligence" is also a bit of a give away.
Good luck.