Well, the PPS affects the terms of the deal. Now that we're in a situation where going it alone results in untenable dilution and risk, we will likely be warmer toward a deal we might have scoffed at a year ago.
I think that is why IBD was brought into the mix. We NEED a big upfront to rescue the company and my guess is that OM alone wasn't going to cut it.
Waiting with great faith that Leo can pull this off. I hope he can get it done.
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