Haha. Never a done deal until the coin is in the bank. As far as I know, and I'm definitely no Einstein, the details won't be announced until Tuesday, so i don't know how you know it's done.
Imho the possible counter bidders will look at the TPG offer and discuss a counter offer from there.
If the board recommends the TPG offer and says they're going to vote their shares in favour then that's a negative as far as a counter offer goes. That could also be a play by the board to force a counter offer.
So many variables.
Far to early to make a call on the outcome imo and i think you can assume Hickey will want to achieve the best return for both himself and shareholders.
GXL Price at posting:
$4.54 Sentiment: Hold Disclosure: Held
