@ BCSilverat the very least market is telling you another deep pocketed buyer isn't in the mix
the deal could still wind up being done, but it remains to be seen WHO exactly is financing this. i'll repeat for the millionth time, there better be no taxpayer money involved (a la Air Cda)
with weeks to go before a possible closing, it is perfectly normal for a stock to be trading at a discount to the offer price
then again, this could all be a game of poker and simply a bluff from the prem watsa camp