Stop Press - Satyam Update

More throw in the towel.
Yes. The list is much longer and more interesting.

• IBM ,
  
• i Gate
• KKR - yes the junk bond fame investment bankers.
• Texas Pacific Group.

Now the plot thickens. These are all just LoIs. So non-binding. And above all none of the bidder is officially confirmed by the Satyam board.
Wait. Wait. Don't start counting the chickens yet. There is approval , then due diligence and then proof of funds .... the list goes on and on and on.

By the time these hurdles are crossed there will be only 2/3 contenders.

But one thing is for sure. The scrip will reach its pristine levels in less than 24 months and a great bet if you are for the long haul. Well if your idea of long haul is anything beyond 24 months and not 24 hours. Volatile ups and downs and anxious moments are guaranteed. Good Luck till then