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Old 15th May 2008, 09:33 AM
Kennys_spell Kennys_spell is offline
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Re: DIC: takeover thread

[quote=Carra_is_legend;1149111]You are just making an assumption that
Gillett will be free to sell to whoever he wants if Hicks doesn't match the offer. Like many of us on here.
Well yes I am, afterall - what's to stop him? It's his 50% he can do what he likes with it. He can give it to Charity if he wants. If hicks matches the offer he can still refuse - if hicks increases the offer by £100 Mill he can still refuse (Unlikely, but he can do what the fuck he likes with it).

I know Gillett has said he won't sell to Hicks but if this situation drags on for another 11 months, do you think Gillett will be sitting on a beach sipping champagne?
Well actually, Yes. If it drags on for another 11 months, some of the profits that Hicks can see may well start syphoning through and he'll be making as much money off it as Hisks is.

And what if DIC had walked away by then? What if the banks refuse to lend them money? If the banks refuse to lend Hicks, Hicks can no longer keep his 50% shares, never mind buy Gillett out (this is what I meant by Gillett losing a buyer). These are the things Gillett will be worried about the longer this goes on.
Thats a shit load of "IF" there lad. Now use your "IF" and make the "IF" outcome positive - because "IF" can have more than one outcome.

At any case, Gillett also said he won't be putting the debt on the club. He also wanted to keep the refinancing news quiet. Going by his past 'promises', there is no guarantee that he won't sell to Hicks.
There are no guarantees about anything in life. Educated guesses is all we can make. I tend to wonder about those who make guesses that are always based on "Worst possible outcome". Can I fill up that 'half empty' glass for you?
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