LGL
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0.86% $1.74 lynch group holdings limited

is there another bid?, page-9

  1. otaw
    432 Posts.
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    01/06/10
    18:15
    Post #: 6759268

    What advantage would a new bidder gain from launching an alternative offer before 8 June? I assume LGL only has to receive an alternative offer by 8 June to avoid the penality payments.

    If another bidder is out there (probably a big if) i'm sure their advisors will be recommending a last minute bid. no point in giving your competitors any advantage.

    cheers

    otaw
    LGL Price at posting: $3.99 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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