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"I believe I made a competing bid that was superior.
"We couldn't, in the time we had left, put together a bid that was fair and a bid that could win".
One firm that was interested in IMG, Colony Capital, made a preemptive bid that was rebuffed.
"I think they used my fax to bid that person higher," she said.
"They had a cash bid that was higher than ours," he said.
Even so, RBS clearly cannot win with a bid that undercuts its rival's.
But the Magpies insist they are yet to receive a bid that would trigger that clause.
But seven spades would have been easy, and neither player had managed to bid that suit.
South made a negative response of one diamond, and North bid that suit naturally.
Similar(2)
Four clubs was a control-bid (cue-bid) that expressed only mild slam interest.
He doubled two hearts, for takeout by partnership agreement, then cue-bid that suit.
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CEO of Professional Science Editing for Scientists @ prosciediting.com