“So I'll ask you again Marxy, why did they buy it for $5.1 million?”
No one has bought or purchased anything! There are condition precedents. This is what "Conditions to closing are typical for a transaction of this type, including completion of legal due diligence, regulatory approvals and receipt of required consents" means.
Furthermore, your two quotes are taken out of context. The royalty agreement would detail the conditions upon which the agreement operates. These paragraphs mean nothing without the clauses in the agreement.
“The arms length player is now also subject to CVY's buy back option until 2015.”
Do you want to post a link to this “fact”?
Marxist
CVY Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
