Thanks oogee. I guess what still isn't clear is that if Poet was indeed Party A, where would we have gotten the money from if our bid succeeded? All the references to the bidding was for all-cash offers for Anadigics, not stock like what we did witih Denselight.

"Subsequently, on January 5, 2016, Party A delivered to the Company a further amended proposed merger agreement that, subject to the terms thereof, offers to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for an increased per-share price of $0.62 net in cash, pursuant to an all-cash tender offer and second-step merger (the "Party A's January 5, 2016 Proposed Amended Merger Agreement")."

Also, the final NR that concluded the bidding war referenced Party A as II-VI, not Poet:

"After the Company announced on January 12, 2016 that the $0.66 per-share offer from II-VI (referred to therein as "Party A") had been determined by the Company's Board of Directors to constitute a "Superior Offer," as that term is defined in the GaAs Labs Merger Agreement, GaAs Labs declined to submit to the Company a further amended acquisition proposal."