A CEO MUST deny any potentially material developments that haven`t been crystalized yet (something in writing) and that haven`t been reported publically.

This has already been pointed out to you, HogHead.

As I understood it being discussed earlier, this was the 'quiet time' or not talking about it at all - you know... 'can't confirm or deny' kind of thing.

He has emphatically, in the most certain of terms said no to the buyout being even discussed.

This is a change from earlier information or tone from management. As far as I'm aware he has never said that a buy out was not on the table previously. If I'm wrong about that please correct me - I don't have everything exactly sorted in my head about this.

With Viterra, you mentioned they MUST DENY a deal in the works - I'm not familiar with that project and don't have time to research it, but could you tell us if their management was 'quiet and non-committal' or said 'a buyout definately is not being discussed'?