Time for a new thread/group effort synopsis

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The Hammer

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Ok so I've helped provide a synopsis before, and now I need one. And I think it's time to break off the 580 something post thread. So some stuff happened yesterday, but I'm not sure about everything, as I'm not exposed to local media. Here are some thoughts and summary, but I need others to chip in and I'd especially like it if one of the more informed posters summarized all the recent and relevant info for me and others.

1. M/B bid was too low.

2. This seems to have been expected by some, reason being H/B bid was sealed, or non-disclosure cause of some sort. (My opinion here is that h/b perhaps required this as this helps them try to win the bid.) There could be other legal things I don't know about that are making it difficult for m/b to know about h/b bid details.

3. Mastrov seems unfazed. Appears now the process is that m/b comes back, a bit higher, maybe Stern will indicate when it's finally "competitive". Doesn't appear the public will know any details about how this is playing out, although there's a lot of guessing. CD seems to be an avid guesser or has incredible sources.

4. I was worried at first when I heard the bid news yesterday, but now I'm not. And you shouldn't be either.

5. Others: please add details you think are relevant, and of course your opinions (like I have a choice about that anyway :p).

Good Saturday to you friends. It's sunny and warm here in Lewiston, Idaho.
 
I broke the latest news thread right at the point where the news broke that Stern was saying the bid from Mastrov was too low at the present time. I think you'll be able to more easily catch up on all the rumors, news, etc. It would probably be a duplication of effort to keep two threads going with the same topic so I'm going to close this one. I've also copied this post into the new thread so we don't lose your synopsis/comments.

Thanks, The Hammer!
 
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