RE:RE:Todays news release,I would imagine that a lot of these majors have gotten a look behind the curtains during negotiations, accompanied by an NDA and an agreement that forbids market buying.
Martin said they'd never have to deal with Bay St financing again, not that the company would never need to raise capital.
Not thrilled about raising seemingly unneeded funds, but a 70% premium with the endorsement of Sumitomo isn't the worst.