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The only way in which the deal could fall apart is if a third party waits until Shell has received all 5 approvals and then submits a higher bid than Shell's for BG.
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USA Track and Field submits a high-performance plan every two years to the United States Olympic Committee.
Mr. Zuckerman opted not to submit a higher bid.
Any bank submitting a higher rate than rivals could be regarded as being in financial distress.
Virgin had held the franchise for 15 years until FirstGroup submitted a higher price for it in recent bidding.
The Vivendi unit, Onyx North America, a waste treatment company, had objected to the sale, saying it had not been given enough information to submit a higher bid.
It might say that Mr. Edelman is welcome to submit a higher offer, but probably will disclose that it is looking at ways to restructure itself, Wall Street analysts speculated.
Instead, the bidders will not only have to submit a higher bid than the Silver Lake one, but include firm financing that the Dell board is confident can be consummated.
[Page C1.] The deal is also a major setback for Vodafone, which had bid $38 billion for AT&T Wireless but lost out when the Cingular deal makers made their trek in the middle of the night to submit a higher offer.
But it will soon be forced off the air in the capital; its frequency has been handed to an obscure rival that submitted a higher bid and that plans to broadcast music rather than talk.This week in Brussels Neelie Kroes, the digital-agenda commissioner, met György Bolgár, Klubrádio's star presenter, and András Arató, its CEO.
- A little-know investment firm has submitted a higher counter offer to buyout and take New York Stock Exchange-listed E-Commerce China Dangdang Inc. private.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com