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is there an asking price?
Posted by James [Email] (more from James) on Thu, 7 Jan 2010 13:19:17
In Reply to: I sure hope..., B Millar [Profile/Gallery]
, Thu, 7 Jan 2010 13:10:20
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From earlier comments (from the failed Koenigsegg bid), it sounds like GM may not have a minimum asking price... that they are whimsically increasing what they expect after the bidder's done all the work to meet what they thought would reach a deal. Like selling your house, list it at some amount, find a buyer, and then ask them to come up with another $10k?? like set a reserve on ebay, then increase the reserve above selling price after the auction's over?? nonsense!
Maybe not... there's 2 sides + it's private negotiations... but if there's an all cash offer meeting or exceeding a minimum asking price (and other criteria are met), the deal is done, no? I suspect no...
James...
posted by 216.59.22...
Posts in this Thread:
- Genii offer is all cash!!!, Mark from Toronto, Thu, 7 Jan 2010 12:46:35
- I don't understand why Genii have suddenly appeared nm, ryan , Thu, 7 Jan 2010 14:16:54
- Bernie Ecclestone's Wiki, JohnA , Thu, 7 Jan 2010 13:26:47
- It's about more than just cash $$$$, TG, Thu, 7 Jan 2010 13:22:32
- I sure hope..., B Millar , Thu, 7 Jan 2010 13:10:20
- Saab is a strong brand, JohnA , Thu, 7 Jan 2010 12:54:12
- Re: Genii offer is all cash!!!, Nevin, Thu, 7 Jan 2010 12:51:38
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