Only distressed credit bullies from the US make announcements like this:
"To avoid any doubt, Boardriders reserves its right to take whatever action it considers to be in its best interests with respect to the acquisition of Billabong and the terms on which any such acquisition may take place. Any statements in the media regarding what Boardriders may or may not do in the future relate only to the scenario where the transaction is voted down at the upcoming meeting of Billabong shareholders, and should be read subject to the aforementioned reservation of rights"
BBG Price at posting:
88.0¢ Sentiment: None Disclosure: Not Held