Can you confirm whether something a poster on the independent cufc said regarding your consortium is correct
"The negotiations between the two sides had reached a point where somebody from the Holdings side contacted the individual members of the Lapping Consortium asking them to irrevocably commit their stated amounts of money. They refused to do so and you can ostensibly believe that the Holdings board quite reasonably instructed their legal team to formally terminate the entire matter.
But read on a bit. For a takeover to occur involving a consortium of more than 6 people those people have to be given a totally up-to-date prospectus by the consortium leader before they commit any funds. At this time Andrew Lapping was preparing this prospectus such that it was totally up to date and entirely accurate at that stage of the proceedings. "