Tinwins,The old "I KNOW NUFFING" response. IMO that is what you...

Tinwins,

The old "I KNOW NUFFING" response. IMO that is what you have got. Why wouldn't they have known what was involved?? That begs an answer.

Of course the bidding company would know what they are buying and all the ins and outs of the target company. Would they buy blind without knowing what they are buying??

In any takeover, there has to be some good and proper Due Diligence made by the Lawyesr and the Bean Counters to make sure that they don't spend/waste their shareholders money and that they dont end up buying a can of worms. And IMO this part, would form part of the proper due diligence itself.

How could they missed that??? Is it possible??

IMO, the "I KNOW NUFFING" is the best easiest answer, and the way out.

Good luck.