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05/07/17
10:55
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Originally posted by Blommer
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Yes, its a non-binding proposal, their conditions also depend on 'availability of financing' which can mean anything, including that they think available finance is too expensive.
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Originally posted by bug1
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Yes they can walk away without putting up a bid, one of the conditions was 'due diligence to KKR's satisfaction'. So if they aren't satisfied with what they see they can walk away.
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Does this mean if you are giant you can play with any company's share price just by offering non-bidding proposal and walk away later saying I am not satisfied?
Last edited by
Deepp :
05/07/17