It is not a surprise that somebody else has stepped forward. Investors clearly expected it.
Negotiations always involve some lack of uncertainty regarding the eventual outcome, but we believe (the) announcement provides some measure of relief to investors frustrated by previous stalled efforts to sell the company.
They did a good job hedging themselves. At these levels, they should just take the money. There will be a lot of other opportunities out there.
I don't know if they would do that.
There are Poles who maybe say, 'I waited 15 years and did it legally before I got citizenship, so why should these others be able to jump ahead of the line.
A quick back-of-the-envelope analysis of the deal yields an accretion potential to Pinnacle of 3 cents per share.
I thought this was the best match we've played all season. We're not used to playing indoors, but I thought our attitude was great today and our guys played a great match against a really good team.
We have also been consistent in saying that we would have to re-evaluate our investment thesis on Pinnacle if it were to go much above $43, given our concerns about returns on the Las Vegas Strip.
