Update on July 21 talked about clarifying the terms of the offer and until that is done shareholders should take no action. I assume since they now have access to the data room, terms are clarified and they are doing some sort of due diligence. Wonder what the agreed terms are.
also the first LOI on July 7 was to have effective date of Sept 1. Hmmm nothing on that one either. Should we assume that we have rejected the offer? That we have counter offered? That buyer has pulled out?
AZZ Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held