Poorly executed bidding process that did not work. Correct me if I am wrong but when you put something up for bid you set a minimum to start the bidding and then go from there. What was the minimum starting bid? Since B+L was not sold in the bidding process does that mean that even the minimum bid was not offered?
Because the bidding process was a complete flop is this now going to have a negative impact on the IPO?
Because the bidding process was a complete flop is this now going to have a negative impact on the IPO?