There were multiple companies interested in buying Astex. I think the attorneys are forcing some truths to come out in the filings. One Asian suitor showed interest in buying. Astex said they needed to up their bid. Astex board and management did not follow up. They felt the second compand did not immediately contact them so they felt they were not interested. This is real BS. You do not make this an open bidding? Whats wrong with informing multiple parties there is a bid on the table. We pay this Clown Manuso over 31 million to be an effective negotiator!
How could there be when we have multiple financial statements and we decdfide what information we will provide you. And oh by the way, swe will not call you back! You need to read our minds and call us or we will think you are not interested!
And oops we failed to supply all the information to multiple bidders! and opps we have multiple revenue estimaqtes. We decided who got what estimate! And looks liuke Jefferies fudged or used another set of numbers to determine share price premium! Boy this sounds like a very good deal. We need to up Manuso's bonus!