optionality

“: IBM-Sun Microsystems Talks Unravel Sun argued that the offer gave IBM too much "optionality," or leeway to walk away from the deal, according to one person familiar with the talks.”

The Wall Street Journal: IBM Talks Teeter as Sun Board Splits

“Sun argued that the offer gave IBM too much "optionality," or leeway to walk away from the deal, according to one person familiar with the talks.”

The Tech Report: News

“Private clients were looking for "optionality" in returns (equity like returns during bull and bond like returns during bear) while institutions generally aimed for low volatility and contained correlation against other asset classes.”

pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator

“Another reason "optionality" woud be pre-determined to fail is because as countries realised they would be writing fat cheques to other members of the "opted in" club, they would stay out, leaving a shrinking pool of states with clear "winners and losers".”

Irish Blogs

“With its Vadinar refinery already about to ramp up throughput to 400,000 barrels a day of higher margin products, Stanlow provides "optionality" for Essar, Mr. Nayyar says, explaining that Essar intends to use the refinery's storage capability and market access to good export effect.”

The Wall Street Journal: U.K. Deal Marks Latest Shift For European Refining Sector

“We are pleased Avis disclosed that the Federal Trade Commission process has gone well, and that may give them optionality in the future.”

The Wall Street Journal: Hertz Sole Bidder as Avis Quits Pursuit

“Dylan Grice , global strategist at Société Générale, calls this the "hidden optionality" of cash—it gives the owner the ability to buy other assets when conditions improve.”

The Wall Street Journal: Bull? Bear? Bring It On!

“For some Sun board members, a sticking point was that IBM could totally walk away from the deal because it has too much optionality, the Journal said.”

What’s Next, Now That The Sun-IBM Merger Is Off