Well DL, I would think that the fact that Fung has been in 'talks with high level officials'., for what, maybe a year? I believe in negotiations lately as well? I believe if Fung was willing to settle cheap, it would be all over by now. We would be licking our wounds.
The fact that we are NOT licking our wounds, means that dispite VZ's wanting LC for cheap, Fung won't go there.
In other words, VZ/ maybe Russians/maybe Russoro, have been trying to get us for cheap....'take us to the cleaners'.....certainly nothing official has come out. This is just my ( maybe others?) perception.
But it's true, we only have our perceptions and guess's.
We KNOW nothing, until it happens.....interesting that on the TSX went, we went up .015, 6-7%, wereas on the Amex, we were flat...................Torontonians know something?
Penderite