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Posts
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Everything posted by B-more Mag
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We should connect offline and do some disruptive ideating about the optics of shifting the paradigm for metrics in the club takeover space.
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I BELIEVE MIDHAT
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Translation -- B-more Mag: "I desperately want people to think I know things."
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People generally don't incorporate in these circumstances until they need to. I've worked in plenty of processes where the binding bid document simply refers in general terms to 'a UK limited company, to be incorporated in due course' because it saves the hassle of setting one up and then closing it all back down again if the other conditions of the sale are not fulfilled. I hear you, but I've also been in plenty of transactions were it's done a good bit in advance of closing, while contingencies are outstanding, because it's cheap and gets it marked off on the checklist, and people generally assume the deal's going to go through. Just sayin'. Hopefully, though, it will get done in the next few days.
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This doesn't really tell us anything about the timing. It's still unclear where the parties are in terms of the definitive deal documents -- stock purchase agreement, etc. Still a good sign, though.
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Can someone confirm this. Colour me unconvinced. What's to say it's not monochromatic red?
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At the very least it shows a certain level of seriousness by SKBZAN.
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Two years ago today, and far, far too young. R.I.P.
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Christ man. Spoiler that shit.
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Why are they drinking goldfish?
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Bleurgh.
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Boring Milner. Just what this game needs.
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Might switch to the baseball for a little more action.
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Good start.
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DQ e'rybody.
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Look. We're losing sight of the fact, here, that there still aren't nearly enough colons in the thread name.
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Hes had more help than many many people with similar problems. If he can't help himself then he's beyond help and i have no sympathy for the waster That's what I was trying to say before I was lambasted as a heartless tucker. I've lived with an alcoholic and it's tough trying to help someone that is too selfish and wrapped up in themselves to even notice it and accept the help on offer. Gazza as sad as it is to see someone in that condition has had numerous and untold amounts of chances to overcome this much more than your non famous people with addictions and still he chooses the wrong path. Any addiction is awful but you do have put input in yourself to recover as if you don't you'll never recover
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If not talking a load of crap was the standard for posting I'd be able to count my posts on like one hand.
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Mark Douglas did a news, but it was not a news we were promised.
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The seller's view would be that it's not the buyers place to state any of it ahead of the deal being done. That would ALWAYS normally be done in conjunction with (or at least the formal agreement of) the seller. You can say what you like when you've bought it but right now they're making statements about something that is not theirs. As someone who know's the process well, I can say with almost certainty, Ashley won't like their conduct. Agree Kanji[/member]? There's generally an express provision in the SPA that says the buyer can't make any public statement until closing, and then the seller usually has the right to approve or at least see any statement before it's made (or that the parties will agree with each other as to the form of joint or coordinated releases). Yeah. I know. That's why I said it . I was just backing you up on it.
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The seller's view would be that it's not the buyers place to state any of it ahead of the deal being done. That would ALWAYS normally be done in conjunction with (or at least the formal agreement of) the seller. You can say what you like when you've bought it but right now they're making statements about something that is not theirs. As someone who know's the process well, I can say with almost certainty, Ashley won't like their conduct. Agree Kanji[/member]? There's generally an express provision in the SPA that says the buyer can't make any public statement until closing, and then the seller usually has the right to approve or at least see any statement before it's made (or that the parties will agree with each other as to the form of joint or coordinated releases).
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The thing is, Ashley's a wild card. Fucking bought a club without due diligence. I wouldn't put it past him to sign a letter of intent with a potential buyer but say he's not going to pay the lawyers to read and negotiate a full-blown stock purchase agreement until he has confirmation that SKBZAN is likely to pass the owners' and directors' test and only then go to an SPA (as opposed to a fully negotiated one with closing contingent on passing the test). Not saying it's rational or likely, but he's also not a play-it-by-the-book kind of guy. It would also explain a fairly significant time lapse until the deal gets done (if it gets done). The whole thing of it being public is also just weird. This is not the type of thing that usually comes out without some sort of joint or coordinated press releases with a clear message. It's just weird. Anyway, there's just not enough info to do anything but speculate, so . . .
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I hear SKBZAN is the father of Asahd.
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Gonna start referring to SKBZAN as Chairman Mou.