Why not a Hostile Bid
I posed this question to a couple of people who have experience in the NS. Their answers were identical. Aberdeen is a small town and if the buyer is in it for the long haul, then they had best play nice or they'll get run out of town. One of them gave an example of an ex OIL executive that is no longer wanted in the NS. And by God, you don't see him there anymore. If these assessments are correct, then Delek being a very long term player, could very well be willing to pay a fair price for IAE once the FPF-1 is on site. It would give them a leg up in Aberdeen, as the new kid on the block, and as the Crow would say, would make everyone golden. And that's without the bolt/strap on.