VOC vocus group limited

Ann: Vocus announces granting of non-exclusive due diligence, page-8

  1. 5,499 Posts.
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    I'm reading this in line with my hopes, so my opinion is highly suspect. So here's what I hope is happening:

    1) The board has reached an impasse in negotiations with KKR. The board wants a higher price, KKR have refused to offer one without a concrete basis.

    2) The board believes that the books will reveal a case for a better price, which will strengthen their bargaining position.

    There are other factors potentially at play, but it's probably not in our interests to canvass them in detail in a public forum. Negotiation is about psychology and control of information.
 
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