What price has AZZ been negotiating with respect to
"The company has been unable to consummate an agreed US$250 million asset sale contract with private equity outfit, Wade Energy Co. Falling oil and gas prices have seen Wade go to water on its commitments and despite the agreement still being on-foot, there appears to be little chance of a final resolution."
If the agreement is still on-foot, how about offer the assets to Wade for US$125M and be done with this?
What price are Wade willing to pay?
Are Wade willing to pay a lower price but AZZ are being stubborn - exactly why we need this Investigative Accountant.
If there is a deal for US$125M or even US$100M - lets take it and cash out
AZZ Price at posting:
50.0¢ Sentiment: None Disclosure: Held
