final bid of $1.80?, page-3

tutes

i would not be surprised if this drags on, with multiple bidders going into more detail and the price offered going up in increments towards the 1.80 - 2.00 already suggested by analysts to offer a good rate of return on equity..

there is no rush for the bidders, that is something that we have to accept with the current global market, it is a buyers market..i think the proof of this in Bain coming in from stage left with an equivalent bid, all be it cash..in a sellers market that bid would have definately been 5-10% higher than the bid already on the table..

the upside for shareholders is the stronger support, closer to the 1.45 level due to there being two known bidders..increasing the likelyhood of a higher offer in the future...

i firmly believe a much higher price will be on the table, but it will not be in the short term..

the longer BBG have to implement stages of the turn-around strategy, the higher that price will be..and the bids will keep coming in because none of the players will be prepared to stand by while a competitor steals a global clothing powerhouse..