Originally posted by CGregoryJr
With all due respect, it appears that many folks have failed to get their facts straight regarding these "instances" where there was ostensibly a bidding war between a third party purchaser and Disney. The stipulations in a ROFR are clear and unambiguous. They permit the individual possessing the right to stand in the place of a purchaser where there has been a bona fide offer and acceptance. When the seller executes the sales contract, they have entered into a binding agreement with the purchaser and Disney (by virtue of Disney's ROFR). Such rights are designed to preclude a "bidding war" for obvious reasons. While I am not asserting that I possess any personal insight regarding cases that have been discussed herein, I can only suggest that there is a very strong likelihood that the actual fact pattern differs from the set of circumstances depicted in the various postings. Most importantly, I am interested in making sure the users of the forum are obtaining the best possible advice. I know that's why I log on this site several times a week. To get the views of those who are really in the know regarding this product.