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    Funny how Parry's been saying all these years that you only sell the family silver once and we've got to be sure we have the right buyer and now we're APPARENTLY selling to a couple of cowboys that hatched their plan at an NHL game last week and completed due diligence in 3 days......
    ..... yeah right!
    Lucky owes Kopdan £10
    PM me your address ( or credit card details )

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      Originally posted by Lucky View Post
      Funny how Parry's been saying all these years that you only sell the family silver once and we've got to be sure we have the right buyer and now we're APPARENTLY selling to a couple of cowboys that hatched their plan at an NHL game last week and completed due diligence in 3 days......
      ..... yeah right!
      flmao

      Cowboys? Why? Because they are from USA?

      Whats wrong with completing due dilligence in 3 days? How long should it take? who governs how long it takes?

      Gillette came back with an improved offer but I doubt Hicks involvement really changes the deal that much thats its a completely new bid.

      You owe me £10
      "What's your favourite Beatles album then?"
      "I think I'd have to say....Best of the Beatles"

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        Hold your horses there partner! We heven't been takenover so the £10 isn't yours yet!
        They're cowboys because Hick is from texas and mates with bush who's the worlds biggest cowboy. And yes i am worried about due dilligence being completed in 3 days because if i were investing $1 billion dollars in something i'd want to know what i was buying.
        Lucky owes Kopdan £10
        PM me your address ( or credit card details )

        Comment


          hehe

          but seriously though, 3 days may be enough to complete due dilligence

          I dont know mind.
          "What's your favourite Beatles album then?"
          "I think I'd have to say....Best of the Beatles"

          Comment


            Originally posted by Lucky View Post
            They're cowboys because Hick is from texas and mates with bush who's the worlds biggest cowboy.
            Excellent, I think I will run a compo on that.

            "Be The First To Come Up With A Yankee Name":

            The Liverpool Cowboys - pretty lame, but ok for starters----------->
            http://www.retroreds.co.uk/

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              Wasn't Gillett allowed a peek in our books at an earlier stage?
              --== Because the gang and the government is no different ==--

              Comment


                Originally posted by lfc4ever View Post
                Excellent, I think I will run a compo on that.

                "Be The First To Come Up With A Yankee Name":

                The Liverpool Cowboys - pretty lame, but ok for starters----------->
                The Mighty red(necks)
                Lucky owes Kopdan £10
                PM me your address ( or credit card details )

                Comment


                  Originally posted by tomasjj View Post
                  Wasn't Gillett allowed a peek in our books at an earlier stage?
                  No, we had an exclusivity agreement with DIC till a few days ago.
                  Lucky owes Kopdan £10
                  PM me your address ( or credit card details )

                  Comment


                    Originally posted by kopdan View Post
                    hehe

                    but seriously though, 3 days may be enough to complete due dilligence

                    I dont know mind.
                    Rest assured, 3 days is nowhere near enough time for the due diligence process.

                    Completing it in 3 days would seem to back up Lucky's claims that we are indeed dealing with cowboys,
                    White liquid in a bottle = Milk

                    Purslow = C*nt

                    Comment


                      what exactly is due dilligence?

                      Why is 3 days considered bad?
                      "What's your favourite Beatles album then?"
                      "I think I'd have to say....Best of the Beatles"

                      Comment


                        Originally posted by kopdan View Post
                        what exactly is due dilligence?

                        Why is 3 days considered bad?

                        Due dilligence is an inspection of the company you're buying accounts. It was completed by a financial company on behalf of Gillett so it's possible that it could be done in 3 days. It's no bad thing that it was completed so quickly, just some people want to pick at anything they can.
                        Babel fanclub member # 4!!!

                        **** OFF MOURINHO!!!!!!:whatever:

                        Comment


                          Originally posted by kopdan View Post
                          what exactly is due dilligence?

                          Why is 3 days considered bad?
                          It's examining all the assets to determine their value. In the case of purchasing a going concern it would predominantly involve examining the accounts of the business.

                          We've just been through it at work on a £200m portfolio sale, and it took us around two months. We had lawyers representing the purchasers working from our offices going through mounds of our documents.
                          As you can imagine, if they see something that needs explaining they raise requisitions and we reply, so obviously if you do it thoroughly it is a very costly and time consuming process.
                          White liquid in a bottle = Milk

                          Purslow = C*nt

                          Comment


                            Originally posted by kurtangle01 View Post
                            Due dilligence is an inspection of the company you're buying accounts. It was completed by a financial company on behalf of Gillett so it's possible that it could be done in 3 days. It's no bad thing that it was completed so quickly, just some people want to pick at anything they can.
                            Yes it is possible to do in 3 days - if you do a shoddy job
                            White liquid in a bottle = Milk

                            Purslow = C*nt

                            Comment


                              What if Gillette HAS seen the books before this week?

                              Why is it bad IF he rushed due dilligence?
                              "What's your favourite Beatles album then?"
                              "I think I'd have to say....Best of the Beatles"

                              Comment


                                The point is irrelevant. They have completed their due dilly and are happy as were DIC after their few months.

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