Constellation is the right buyer, and at this kind of premium, it's a good deal. They sweetened the deal and got it done. |
If we can account for another 3 million shares (who won't tender), then this thing doesn't get done. I am hard-pressed to believe they would obtain those, because anyone who would accept C$18 would probably sell into the bid that is out there right now. |
They are talking about it as if it is over and I'm not sure that that is the case. |
This is the battle of the titans. This deal, believe it or not, is not in the bag . . . In fact, it's still an uphill fight for Sears Holdings. |