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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by SergeBruneton Jan 23, 2013 10:46am
237 Views
Post# 20877314

Other bidders

Other bidders

Well, it seems the other bidders are muzzled into the original bidding process.  I gather that they signed away their right to come out publicly.  I wonder if in this process there is a price discovery or open bidding segment, such that bids can actually increase and the most generous offerer gets the prize at the end of the day.  Even though it probably is orderly, it has the inconvenience that the shareholders have no idea what is going on.  The brookfield offer(s) is(are) throwing a wrench in this process.  I would really like to know what kind of consequence this will have legally.  At least we have an outside party that is publicly putting out 'offers'.  This must put pressure on the others doing the bidding in private. 

SB

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