No company ever goes into a takeover with their best offer on the table, so BGA will up it, but to what extent? I don't think it will match or beat current offers.
It will come down to share holders deciding do I want all my cake now and take the highest offer or do I want some of my cake now but enjoy a much bigger cake in years to come and take the BGA offer.
A BGA/WCB tie up will be well rewarded as one would think in the not to distant future, 2016 at the latest a BGA/WCB will be ripe for the picking if shareholders wish. If not the growth potential will reward shareholders.
No company ever goes into a takeover with their best offer on...
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