RE: RE: RE: RE: read the NR There are two groups, those who have access to the dataroom, and those who don't.
Those with access cannot make a bid, except via the Rothschild process. Generally that would be a set date, and if they were going to pull the trigger and put in a deadline there needs to be time for the bidders to put together a package. Monday at the earliest.
Those without access have to face the possiblity of starting a bidding war without access to the dataroom. They will be fighting in the dark. Just because it is worth more than $2.50, doesn't mean any of the other players want to play their hand first. If there is a general concensus that this is worth more, why not let Brookfield's offer die on the table, and then begin a new round of bids based on full information via the process.