FBR 0.00% 3.8¢ fbr ltd

Ann: FBR & BKW extend Shareholders Agreement negotiation period, page-38

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  1. 1,994 Posts.
    lightbulb Created with Sketch. 246
    You are likely correct @gamblore
    But the other side of your post (the coin) is...
    FBR would [should] have known that it "could" take a commercial team from a $3 billion company more than 6 weeks to draw up the initial draft, get it through a RACI matrix, work between all the teams and finally getting exec sign off.
    So why wouldn't they give themselves a more realistic time period of 60 or 90 days?

    FBR was under no pressure to announce a 45 day period, yet they did and BW one would assume was also comfortable with that time 45 day period being announced.

 
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