Richard Sands
Richard Sands
Richard Sands is employed in the American radio industry...
access additional aware based believe best fully increase information interests price supports value
We believe it is in the best interests of Vincor's shareholders to be fully aware of our proposal, and our willingness to increase our price based on access to additional information that demonstrates and supports that additional value is warranted,
available based best both cash convinced fully information offer per share terms value
We are convinced that our $31 per share cash offer is fully priced based on the information available to us, and is the best alternative for Vincor's shareholders, in terms of both value and certainty.
access against company information turned
Every overture that we had made to the company to access information has actually been turned against us.
available competing decision evaluate information point
If circumstances change, and there was a competing bid, we would evaluate any information that was available and make a decision at that point in time.
anyone basis evidence information
Absolutely, especially if we had the same information that the other bidders have . . . To date, there's no evidence that there's anyone else who will make an offer. So we don't see a basis for anything but the $31 at this stage,
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.
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.
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.
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.
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.
chosen cultural felt means
He felt that Canandaigua, you know, 'The Chosen Spot,' that's what it means in Algonquin Indian, should have more cultural arts.
bbc center health opposed receive sell time week
If the health center at BBC were to sell medication, it would be more costly and take at least a week to receive, as opposed to the UP Pharmacy that can receive it in as little time as a day.
absence accept available certain compelled directly given immediate offer opportunity realize value
Given the absence of any progress, we feel compelled to make our offer available directly to your shareholders, so they can accept this opportunity to realize superior, immediate and certain value for their shares,