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Alan Nixon Breaks Silence on American Billionaire Bid


Kernow

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So, three bids on the table.

Assessment of the bids is therefore ongoing.

Preferred bidder based on that assessment, which is duty bound to be to the best interest of creditors.

Am I right in thinking bids that are not preferred are withdrawn? Or do they technically remain on the table in case the preferred bid fails further down the road? Or is up to the non-preferred bidders to decide if they end there interest?

 

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9 minutes ago, RadioactiveWaste said:

So, three bids on the table.

Assessment of the bids is therefore ongoing.

Preferred bidder based on that assessment, which is duty bound to be to the best interest of creditors.

Am I right in thinking bids that are not preferred are withdrawn? Or do they technically remain on the table in case the preferred bid fails further down the road? Or is up to the non-preferred bidders to decide if they end there interest?

 

Good question.

(aside from the grammar police: "their interest")

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