Quote:
Originally Posted by Bingo
I'd imagine Conroy is acting in the same fashion that he has on the Lindholm deal.
He set a price, and if someone steps up to it ... we're done.
If not he'll wait.
He could be wrong, he may get to the finish line and the value falls out, but the market is the market. You do yourself a disservice by not setting a price, or setting one and than waffling on that level because you're worried things may get worse.
That's why I've never really partaken in what package is required to move asset X. The market is the market. He has to steer those waters and do the best he can. But he doesn't control what direction it goes in.
The big thing for me is the constant action towards what looks like a roster reset without any let up. We're getting change regardless of how well he does shedding the last two or three assets.
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It almost does seem that NJ is the only serious contender and maybe they feel they are bidding against themselves trying to reach the ask Conroy has.