"In the event that BCM shareholders approve the resolutions to internalise BCM
management, BCM has asked that Babcock & Brown continue to provide shared
support services for an agreed cost of $250,000 per month plus incidentals,
under the direction of the BCM CEO and Directors. Such services may be
provided to BCM until 30 April 2010, or such earlier date as there is a change of
control of BCM or as terminated by either party upon two months notice."
What does this sound like? A BNB rescue attempt?
BNB
babcock & brown limited
"In the event that BCM shareholders approve the resolutions to...
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