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Richard Sands Quotes
«We are baffled by their response.»
Author: Richard Sands
«prospects Vincor has put forward that are speculative at best.»
Author: Richard Sands
«Absolutely, especially if we had the same information that the other bidders have .?.?. To date, there's no evidence that there's anyone else who will make an offer. So we don't see a basis for anything but the $31 at this stage,»
Author: Richard Sands
«Given the absence of any progress, we feel compelled to make our offer available directly to your shareholders, so they can accept this opportunity to realize superior, immediate and certain value for their shares,»
Author: Richard Sands
«We disagree with a significant amount of the information contained in the investor presentation that you have disclosed on your website. In particular, we disagree with your assertion that Constellation, or any other buyer for that matter, would be able to realize synergies of up to $150 million. In our view, the so-called synergies that you have outlined are completely unrealistic.»
Author: Richard Sands
«We are convinced that our $31 per share cash offer is fully priced based on the information available to us, and is the best alternative for Vincor's shareholders, in terms of both value and certainty.»
Author: Richard Sands
«We disagree with a significant amount of the information contained in the investor presentation that you have disclosed on your web site. In particular, we disagree with your assertion that Constellation, or any other buyer for that matter, would be able to realize synergies of up to $150 million. In our view, the so-called synergies that you have outlined are completely unrealistic.»
Author: Richard Sands
«We believe that the shareholders will ultimately have to make a decision between $31, and just letting the price fall to $22 or $23, ... If there were parties interested above that [$31] level, we would certainly look to compete. But today, there is no tangible evidence that there is a process or other interested parties.»
Author: Richard Sands
«There's no reason to sweeten the bid. Our bid is very sweet,»
Author: Richard Sands
«If circumstances change, and there was a competing bid, we would evaluate any information that was available and make a decision at that point in time.»
Author: Richard Sands