chiefdave
Well-Known Member
Not sure off the top of my head but from memory the story that was spun was not so much that he was scared off, more that the chap (can't remember his name) had other investments he would have to liquidate, when the name was 'accidentally' dropped out on CWR calls started going in to the companies he was currently invested in who knew nothing about it.The final sentence is the key there. If being named was enough to scare them off, it could hardly have been very serious.
Probably all BS as none of Hoffmans consortiums have ever seemed close to having the sort of money a takeover would need, as well meaning as they may have been, but I guess we'll never know for sure.