03-25-2013, 10:12 PM
Well in the conference call they did state that completion of this transaction would happen this month so this is really no surprise. This was before the bids were even submitted. So nothing surprising here. I doubt that any new partner on the E/A deal can and/or will have a say in this deal. Only a buyer of the entire company would have a say in this deal. Either way I really do not think that they are connected at all.
However, IOC now has more cash on hand. This shows that they are in fact capable of making deals and that they have cash.
All good in my opinion.
Let's hope we get some news about the selldown soon.
However, IOC now has more cash on hand. This shows that they are in fact capable of making deals and that they have cash.
All good in my opinion.
Let's hope we get some news about the selldown soon.