Good points Prospekt...

but what if a competing offer comes in above the initial offer a few days later as so often happens? The same approach would apply to assessing you tax situation agains the newer offer. Something for folks to keep in mind i guess.

It is understandable that TCK will act in a way that limits the number of competing offers. I dont' think this only means taking action before BFS drops. I would think it would take a few weeks for a fresh company to do their dd on the project with the BFS numbers and their partners and finance. So TCK might take a bit of time after BFS drops.