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When the committee sent the original proposal out for bid "it was way over budget".
Gas Natural is only half the size of Endesa, and with last year's bid it stretched its financial fire-power to its limits.
If Allied raised its bid, it would have to do so largely in stock to avoid setting off these Revlon duties.
If SunTrust were to raise its bid, it would face more punishment in the market.
As part of its bid it is also promising to pay all non-playing staff in full as well as football clubs owed money by the club.
If BHP succeed in its bid, it would be the world's second largest-ever acquisition after Vodafone's acquisition of Mannesmann in 1999.
According to Mutascio, if SunTrust raised its bid, it could dilute cash earnings per share in 2002, thus souring the Street's view of the bank's acquisition tactics.
Generally if a work sells on one bid, it sells to its backer.
China failed to back its security-council bid; it is happy to buy Brazilian soyabeans, but not its manufactures.
Starboard said in its statement that it was confident any takeover bid it assembled would have fetched more than the $34 a share that Shuanghui will pay.
It will be hard for us to bid it goodbye.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com