Northampton_Loyalist
Well-Known Member
It is a possibility, however it is extremely unlikely. If King is willing to wait 3 years for his money, at a significant discount, he is unlikely to be rushed into an alternative if this one is not accepted. He has, after-all, 3 years to find another buyer and get his money in the same time frame.Yes.
His preferred option may be to sell to C1872 over a 3 year period. That option may well come against another interested party looking to buy his shares sooner. It's entirely possible that King is looking for assurances that C1872 are able to commit to the preferred 3 year transition period whilst he considers an alternative offer from somebody who would want a deal done now.
May well be a situation where King will sell to another party in the near future if C1872 can't provide the appropriate assurances that would see him reject another offer and go ahead with the 3 year transition.
Not impossible at all, just very unlikely.