Originally Posted by
Baa_Baa
Certainly changes the situation, and to think it was only last night that I suggested TTK would require a competitive bidder (lol), or be strung out. Looks like the tables have turned rather quickly on SPK's offer (maybe they knew Voda was in the market when they pitched for the whole company).
Not sure how this will affect the SP (albeit up today [on what basis?]), now that the SPK buyout offer is at risk (possibly off the table but if still interested in the remaining assets will bound to be revised lower)? TTK get $10m in the bank, but lose 70% of the returns from Farmside.
Anyone willing to speculate on where to from here?