Richard Sands
Richard Sands
Richard Sands is employed in the American radio industry...
access additional aware based believe best fully increase information interests price supports value
We believe it is in the best interests of Vincor's shareholders to be fully aware of our proposal, and our willingness to increase our price based on access to additional information that demonstrates and supports that additional value is warranted,
available based best both cash convinced fully information offer per share terms value
We are convinced that our $31 per share cash offer is fully priced based on the information available to us, and is the best alternative for Vincor's shareholders, in terms of both value and certainty.
forward prospects
prospects Vincor has put forward that are speculative at best.
access against company information turned
Every overture that we had made to the company to access information has actually been turned against us.
continue process
Constellation could not let this process continue indefinitely.
bid reason
There's no reason to sweeten the bid. Our bid is very sweet,
absolutely actions baffled company consider growth offer potential statements undermine worth
Year-after-year growth is what makes a company worth more, not one-time synergies that undermine potential growth. So we are baffled by their statements and their actions and absolutely do not consider our offer in any way opportunistic.
absence accept available certain compelled directly given immediate offer opportunity realize value
Given the absence of any progress, we feel compelled to make our offer available directly to your shareholders, so they can accept this opportunity to realize superior, immediate and certain value for their shares,
benefits bulk buy center faculty health lower money profit saving small staff
One of the most important benefits of having a pharmacy at the health center is financial. With a pharmacy, we can buy in bulk and dispense medications at usually a much lower cost, saving our students, faculty and staff money and still make a small profit for the university.
canada core market
Through this combination, Canada will become a core market for Constellation.
additional pay placed proposal share
We have placed one and only one proposal before them. It's really a two part proposal. We will pay C$31 a share for a negotiated transaction without any additional information,
arm behind breathing pressure stay
The only way I could keep breathing was to stay behind the chimney. There were embers as big as my arm and I was squirting them with the pressure washer.
believe cash company deliver far given global greater immediate premium provide wine
would provide Vincor's shareholders with an immediate cash premium far greater than we believe the company can deliver on its own, given today's increasingly competitive and consolidating global wine industry.
achieve available committed completing emphasize quickly resources
We are committed to completing this transaction with Vincor quickly and I emphasize quickly. We will make all our resources available to achieve that goal.