My feeling is that VRT sees CapVest as worthy current industry professionals and BGH as just company buyers and quick enough resellers. It has been a bit to and fro due to the number of increasing bids these two players have put in to hope score the company. When both are reviewed by directors, and independent advisors, seems they all currently see CapVest as the best fit, but offer price is part of the picture so if BGH came in with huge money more and CapVest won't continue to beat it, BGH would then be reviewed as likely the best offer and be recommended.
VRT Price at posting:
$8.17 Sentiment: Hold Disclosure: Held
