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Post by angelsrwatchn on Aug 31, 2013 10:41:57 GMT -5
The EPA has until Dec 31st to approve of $50 Million in backstop funding for EBP......maybe I missed it but I thought Gropper Oked the plan but did the EPA??? I would think that hurdle has to be cleared before a buyout. ANYONE???
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Post by updated on Aug 31, 2013 10:57:33 GMT -5
Well I mentioned this 2 weeks ago and no one said anything about it on this board... I heard like you Angels, the EPA did not get make a decision yet... and I hope this won't stop a buyout ... as long as they don't charge the buyer later one billion for this issue The EPA has until Dec 31st to approve of $50 Million in backstop funding for EBP......maybe I missed it but I thought Gropper Oked the plan but did the EPA??? I would think that hurdle has to be cleared before a buyout. ANYONE???
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Post by dontbeafraid on Aug 31, 2013 13:04:21 GMT -5
My understanding EBP deal is pending approval from EPA as well but that its likely since the State and Court have approved this agreement that they should have no issue either. Its also likely that EBP thereafter will be sold to prospective buyers that have already lined up. So if someone we're to step in now it shouldn't have an impact on the current deal but who knows anything, all specs.
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Post by angelsrwatchn on Sept 2, 2013 9:25:15 GMT -5
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