In our opinion, the deal would make sense from a strategic point of view. Premium looks okay, but can increase.

They've got $3.6 billion in pension and healthcare liabilities. The deal would make sense from a strategic point of view, but there are a lot of issues that would need to be addressed. It would attract pretty thorough scrutiny from the government.

It is positive to see that there is sufficient interest in the company... We expect a bid in about two months.

The chances of a successful takeover have decreased a lot today.

The takeover would make strategic sense.

There's not much negative to say about these results.