RE:RE:Finding Common (KDI) Groundjediknight wrote: What about this scenario...DD takes company private with help of his friends and a few of the institutional holders. When that is completed then and only then will DeBeers buy him out
The problem with this scenario is that DeBeers is not guaranteed a chance to bid. They cannot force DD to sell if he wants to keep it. They can knock on his door with all sorts of bids, but he does not have to open it. their only sure chance to get it is to bid as soon as he makes his first move.
DeBeers has no guarantee that DD will ever sell, regardless of what you, they, I, or anyone else thinks.
So
if DeBeers really wants it, they HAVE to bid when he makes his first move, otherwise they may never get another chance.