Viacom began its friendly offer, also for $10 billion, on Monday.
They stressed that the talks centered on a friendly offer.
"This is a friendly offer to the Air Midwest board."
She'd made a friendly offer, and he'd hurled it back in her face like.
Although he appreciated the friendly offer, Kerwin shook his head.
Surprisingly, no friendly offers have yet emerged to buy the company, the informant said.
Kodak, in a friendly offer, agreed to pay $89.50 a share, or a total of $5.1 billion.
That prompted Gulf and Western to step in with a friendly offer.
The friendly offer, for $30 a share, would amount to $160 million.
A white knight could come along and make a more friendly offer, but this hasn't happened yet.
