RE:RE:Your serious contemplation pleasethere wont be any other bids if there were we would have heard by now there is no 6 million penalty unless hexo drops out ;; the 13 million $$ lawsuit has to be settled before anything happens ;; Zena really has no more value than hexo has offered and thats why its going through The poor management etc has driven ZENA to the ropes ;;;;;;
StoneMan45 wrote: my only thought here is Why does everyone assume the 6 million penalty has to be paid back to have a bidding war. The Zena and Hexo deal isn't hidden away so there is no need for Zena to 'seek' other offers they will come on there own if there is another party interested...Zena doesn't violate the contract as they didn't actively seek other offers. Hexo get the 5 business days to respond and any number of players couyld enter this game making it a bidding war. There's no penalty as long as Zena doesn't violate the contract and the contract spoecifically allows other offers to be presented and accepted by Zena should Hexo chose after 5 business days, not to meet the other offer.
The rest I think is extremely contrived and not likely