GREY:DULMF - Post by User
Comment by
mtsuiton Nov 03, 2014 10:18pm
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Post# 23090932
RE:White Knight?
RE:White Knight?When the circular is released it should include the background on how the price was determined. It possible that there were other bids. Perhaps that was ANTO's intention all along, to force DM to sell itself for "fair market value" when that value would be as low as possible. If there were no other bids then ANTO could have offered a nickel. But maybe somebody offered $75mm so Dundas ambled back to ANTO and told them they would have to top it by a margin large enough to allow him to break off negotiations with other parties.