I wonder whether this is becoming a bit of a dogfight. MYG were...

I wonder whether this is becoming a bit of a dogfight. MYG were caught off guard during negotiations and were forced into a TH through what appears to be a leak. Now there is a lopsided valuation issue where DRM has been sold down to its NAV following a punitive impairment charge while MYG has enjoyed a market re-rating for its unfunded project following some recent management changes. I hope DRM dig their heels in don't end up with the raw end up the deal. No doubt the hungry investment bankers will be pushing hard for a fee.