BPT have no chance of acquiring WGO at 20c per share and it is just
an opening gambit in consolidation in the PB. STX have almost a blocking
stake on their own, and they won’t sell into it. STX is the main game as
they are the operator, and that’s what it’s all about in the long run. BPT
are not going to be happy to just be junior partner. They have other ideas.
They want STX most of all. For a multitude of reasons.
beach energy, page-41
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