Yes, offers for assets are not takeover offers. And takeover offers are not "preliminary discussions."
Talking of asking the right questions, I was laying in bed thinking, I wished I'd asked: "Have there been any discussions with Beach/Mitsui regarding our assets, and if Beach/Mitsui were to make an offer for WE, would Hancock have the right to match the offer?"
Not only may Jill have actually been able to answer with a yes or no, but I also remember bigdaddy being quite triggered about this particular issue/possibility.
STX Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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