I'm sure break fees like the 5m are common in these types of transaction as the bidder will incur expenses, but if Uniti are in a position of strength or think the bid is low why would they agree to it? Of course if there is a higher bidder the 5m is chump change. Also as there is mention of exclusivity, I assume that just means no one else can look at the books for the period, but new bidders can be listened too?
UWL Price at posting:
$3.96 Sentiment: Buy Disclosure: Held
