Yigy2, remember I said these deals are characterised by a “flowers and chocolates”start and a “divorce court” end. Bain already know what their exit strategy is. They won’t tell you or anyone else. That’s the divorce court end. Mr. Murphy, God bless him Yigy, is giving you the “flowers and chocolates” front end, that is exactly what that article depicts.
Lets hope I’m wrong again, but I have bitter experience of the behaviour of VC’S once the ink is dry on the final agreement. It isn’t pretty.
BTW, Bain will have signed a /“heads of agreement “ if the details of what the Administrators have told them aren’t true then no deal.