Exact(2)
This had put it "at a serious disadvantage as a bidder", the company said, adding that it could not raise its offer without access to proper due diligence.
Gov. Jesse Ventura said last week that the state could not increase its offer without risking layoffs of state employees.
Similar(6)
Nasdaq could raise its offer, but without antitrust approval, its offer is still quite risky.
Also, Avis has also been able to move forward on its offer even without such an official bid.
Questions remain, however, as to whether Novartis can still force its offer through without the committee's approval.
The Govt, quite rightly, should be neutral" @BBCNews May 19 , 201411.51am BST There's no way Pfizer can raise its offer again without getting AstraZeneca onside first, reckons my colleague Sean Farrell who has been checking the situation with City experts: Sean Farrell (@farrell_s) Qs asked about whether Pfizer can lodge bigger formal offer.
However, after completing its review of the business, the external party withdrew its offer, and "without that party the long-term funding package could not proceed".
But then AngloGold of South Africa allowed its offer to expire without a second extension, conceding victory to Newmont Mining of Denver.
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