guys have a read at this bloomberg article on mcc takeover offer , its good the management threw this offer out the window and i believe mcc should go ahead with the gcl takeover cause itll make mcc even stronger which means on a later date takeover bid shall be in the mid 20s or even higher 30s unlike kiddish offer peabody made today.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aochnXChclIQ&pos=6
NEVER TRUST A WORD I SAY , YOUR DOG IS MORE KNOWLEDGEABLE THAN ME .
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