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Re: Why not LG?

By: micromays2 in IDCC | Recommend this post (0)
Thu, 06 Oct 11 12:48 AM | 31 view(s)
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Msg. 43154 of 48237
(This msg. is a reply to 43152 by 1laguy)

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Two seperate processes (although communications are related):

1) BOD including Merritt works directly with Evercore and Barclays on the strategic alternatives.

2) Merritt and the licensing department (working with inside and outside Legal counsel) must inform BOD and obtain approval of all legal actions.

In this case, the BOD will keep Evercore and Barclays informed as it may effect the value of the asset.




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The above is a reply to the following message:
Re: Why not LG?
By: 1laguy
in IDCC
Thu, 06 Oct 11 12:19 AM
Msg. 43152 of 48237

Do you think management that makes the LG decision has info from the BOD about the status of the auction and perhaps wishes of bidders? Or are thud two completely separated.


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