It's probably not a good idea to negotiate in public with...

It's probably not a good idea to negotiate in public with potential suitors. My guess is that Edwards or Medtronic would feel like they've been taken to task and while it may not burn the bridge, it could singe it a little and sour the relationship between us and whoever made the offer.

And if he seriously damaged the relationship the suitor could try to take a shortcut with a hostile takeover if that's a possibility under Australian securities regulations. Also, maybe there are regulations that govern buyout disclosures as compared to SPAC offers that would make him tread lightly on the subject, I have no idea, but I think the obvious reason is just that negotiating in public would not be considered in good faith by a suitor.