Developing Affordable Housing Ecosystems World Wide
My last post earlier today speculated that Blackstone was not going to raise its previous bid. And indeed, as reported in today’s Washington Post:
Blackstone responded that it has “no intention” of raising its bid and assailed the stock component of Vornado’s offer as risky.
Well, what else would they say?
My name is Joel Goodson. I deal in […]
Bargaining, in the Arabian-bazaar sense of the term, is not negotiation; rather, it is the process of vendor and consumer each trying to sell the other a story that anchors expectations, particularly emotional expectations, into a range the proponent has decided is feasible.
Got that?
That’s the game that both Blackstone and Vornado have been playing, jockeying […]
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