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The Chip Board Archive 15

I'm counting on the lawyers...
In Response To: BUT LAWYERS THE BIG WINNERS vbg ()

...to live up to their reputation for dragging things out after reading this line in the article that Roy posted:

"Columbia Sussex said it would increase the purchase price by about $320,000 a day beginning Nov. 19 if regulatory approvals have not been met. If the deal isn't completed by Feb. 19, 2007, Columbia Sussex will pay Aztar shareholders about $425,000 each day after that."

Of course with 36 million shares outstanding that only works out to $4 per share annually, but hey, it could go on that way forever! grin

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BUT LAWYERS THE BIG WINNERS vbg
I'm counting on the lawyers...

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