Various 3rd parties interested in OLE even new ones up until July 3rd 2013......These two quotes are from the directors' circular:
1. "On June 21, 2013, the Board of Directors received an update on the status of interested parties.
The Board of Directors was advised that a number of interested third parties have entered into
confidentiality agreements and have been provided with access to an electronic dataroom for the
purposes of undertaking due diligence. In addition, the Board of Directors was advised that arrangements
have been made, or are being made, for site visits and management presentations."
2. "On July 3, 2013, the Special Committee was advised that additional confidentiality agreements
had been entered into with interested parties."
I for one think that in the end it will be TGZ and OLE together as since from day one it has made the most sense. However it would be interesting to see who these other third parties with interest in OLE are and what they are willing to pay. I expect some comments out of OLE this week giving us shareholders an idea of where negotiations stand with TGZ before the end of July deadline.