4 ms·
I don't think that's the point that nuclearnice1 is making. The focus is not on the other bidder (who may or may not have gone on to make a fortune). The poin
by vijayr02 6y ago
I don't think that's the point that nuclearnice1 is making.
The focus is not on the other bidder (who may or may not have gone on to make a fortune).
The point is the seller could have gotten more than what Schulz paid for the chain. If this was a corporate m&a situation and a second bidder arose at a higher price, the board has a fiduciary duty to consider that offer.
- whizzter 6y agoProbably not, if BG sr was able to scare of the other bidder with a short conversation there was probably legal grounds that made the other bid problematic in some way.