Richard Sands
Richard Sands
Richard Sands is employed in the American radio industry...
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,
acquire engage meeting proposal refusal rejection today
we are ... disappointed by your rejection in our meeting today of our proposal to acquire Vincor and your board's refusal to engage in discussions on this matter.
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.
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.
beer expect fourth grew growth net next rate rates sales similar year
Our beer net sales grew 11% year to date, and we expect a similar growth rate in the fourth quarter. However, we expect mid-single-digit growth rates next year.
based bbc clinic expand facility fax funds greater health homes limited operation patients plan provide send small
Patients can fax their prescription over to the UP pharmacy and we will be able to send the prescriptions to their homes for a small fee. With greater funds in the future, we plan to expand the BBC Health Clinic facility and provide a limited pharmacy operation there based on demand.
amount assertion buyer contained disagree information investor realize
We disagree with a significant amount of the information contained in the investor presentation that you have disclosed on your website. In particular, we disagree with your assertion that Constellation, or any other buyer for that matter, would be able to realize synergies of up to $150 million. In our view, the so-called synergies that you have outlined are completely unrealistic.
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.
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.
canada core market
Through this combination, Canada will become a core market for Constellation.
continue process
Constellation could not let this process continue indefinitely.
access against company information turned
Every overture that we had made to the company to access information has actually been turned against us.
bid reason
There's no reason to sweeten the bid. Our bid is very sweet,
asked sign
They are doing ... what we have asked them to do, which is to put a 'For sale' sign on the company,