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Response to best price certificate

from Too scared to say (iwasduped@yahoo.com)
Rob, if the two companies are owned by the same parent, then surely they are in breach of the "arms length" requirement for the purposes of the sale? I thought that the selling agent had to be totally independent of the Lender, so as to ensure the "fair and reasonable" price...in prevailing market conditions..etc. This is otherwise akin to allowing a vampire to run a blood bank.
(posted 8541 days ago)

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