GREY:NOVUF - Post by User
Comment by
ardvark11on Aug 29, 2013 12:06pm
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Post# 21706469
RE:At risk?
RE:At risk?
It is very possible that a timely deal is at risk. The way that asian companies negotiate is pretty cut throat and they do not want to show thier cards and wherer they are willing to go. If they have been at an inpass to value and it was much different than the $500 million, this may be a sticking point. Novus may not have been aware of the final price that yanchang would go to and now they may want the sweeten the deal. I think that the drama is behind closed doors now. I think that the Novus management is in that old chinses saying "Living in interesting times". I think that is supposed to be a bad thing......