While
other potential bidders for Canwest included CTV globemedia Inc., Quebecor Inc. and Rogers Communications Inc., «the one for whom it made the most sense is Shaw,» Grant said.
In a statement the Foodland board said it was continuing discussions
with other potential bidders in order to maximise value for shareholders.
Thiel had expressed interest in buying the company's remaining assets as a way to shut down the investigation, and his involvement could have
discouraged other potential bidders, an administrator for the estate said in court papers.
J. Crew's talks with Fast Retailing are at an early stage and
other potential bidders have also expressed an interest in the company, a person with knowledge of the matter said.
However, that offer is on a «non-exclusive» due diligence basis which opens the door for
other potential bidders to now make their move.
Usually answers that might be helpful to
other potential bidders are posted on the Internet.