Why would coastal sell?they can sit where they are and agree to...

Why would coastal sell?

they can sit where they are and agree to vote yes for the 10c offer and the board will back off.

If however coastal are smart they will get the FIRB approval quickly otherwise they can on sell 1.5% to a friendly (ie Bronte) and still push for the no vote.

Bronte are not associated although the board would like you to think that and the most likelyhood is that it woudl be tied up in court and cost a bomb.

at the end of the day, all this actvity is tied to what the final vote will be on teh 15th. the board is doing the work of TPG and Coastal are doing their best to counter and get a better deal.

It's so exciting!!!

I've already voted No!