Not exact matches
It is believed WCB had insisted on a 50.1 per cent
condition before approving Saputo's earlier cash
bids because it feared without the
condition the company could be left with several large shareholders stuck in a stalemate for control.
The financing
condition is fairly easy to remove, as long as you have completed the mortgage approval process
before bidding.
You are buying the property in «As Is»
condition so it's very important to do your homework
before you just go to an auction and
bid on a property.
During a takeover
bid the bidder can drop certain
conditions up to 7 days
before the offer closes.
If you can't afford the risk of buying a property in poor
condition, stick with auctions that allow you to inspect the property
before bidding.