This two statements contradict each other: It's unlikely an announcement will be made before Tuesday, when Newbridge is scheduled to release its third-quarter results. That's because Newbridge is expected to release much-improved numbers over its disappointing results from the previous quarter, which would make the deal an easier sell to the buyer's board of directors and shareholders. - most likely in my opinion
If Newbridge doesn't announce a deal by Tuesday, analysts said, investors might become concerned that negotiations have fallen apart and begin a selloff.-- less likely
Departure of Siemens and ERICY is most likely that they wanted to pay well only for part of the business or they were offering lower price. We all realize that unofficially biting war, if any, has occurred before final candidate has been chosen.
Now most likely, they are talking details. I expect Terry, which will end up with 4% of ALA to be on ALA board and may still be CEO of Newbridge, subsidiary of Alcatel(some companies bought by ALA did not changed the name). Some of you may say why TM would stay. Well, he may not be good manager to run company(he has not been doing this for 1 1/2 year), but he for sure knows were industry is going and what technology yo look at. ATM,LMDS,3DSL ect. It was NN who sold Optera(DWDM) and with Cambrian to Nortel!!!!!!!!!.
Optera was not invented by Nortel.
BTW,big mistake of Alan Lutz.
Zbyslaw |