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TRW, for its part, said in a statement that the timing of the offer was "regrettable".
The timing of the offer could not be less opportune for TRW.
The timing of the offer, he added, with a new government in place that favours lighter-touch regulation, was unlikely to be a coincidence.
Explaining the timing of the offer, Mr. Oudéa added that the bank had been watching both the market and public opinion, saying that it wanted "not to be the first, nor the last" to issue shares.
Newcastle are entitled to be irritated by the timing of the offer, regardless of how short they believe it falls but Pardew could not explain how brittle and naive his team had been.
Mr. Dailey said the timing of the offer was particularly bittersweet, coming as it does as Daytop is in the process of closing on a deal to sell to a commercial landlord, Allied Partners, for $27 million and move to smaller headquarters a block away.
Similar(51)
The timing of the offered eight-hour ceasefire coincides with a meeting of EU heads of state to discuss whether to step up sanctions against the Syrian regime.
"The timing of this offer is excellent for Calpine, as it has not yet settled on a strategic view or chief executive officer," Harbinger Managing Director Howard Kagan said in the letter.
Analysts here believe the timing of the American offer probably led to its rejection.
In its response on Tuesday, Airgas questioned the timing of the Air Products offer, which came only days after Airgas gave earnings guidance that fell below analysts' expectations.
"I'm sure had they been able to buy the banking business on its own, they would have," said one friend of Mr. Moelis, who was amused by the timing of the job offer.
More suggestions(15)
timing of the legislation
timing of the observation
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timing of the ceremony
timing of the spending
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timing of the pop
timing of the impact
timing of the introduction
timing of the fruit
timing of the discovery
timing of the sample
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Justyna Jupowicz-Kozak
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