>What if you know it won't be (such as a condition of the offer being incompatible with a prior contract you know about on the other side)
I'm pretty sure that's intent to commit fraud.
ANAL, ANA-Finance Guy.
I'm pretty sure the "intent" is the important part here if the primary purpose of a financial move is to manipulate the market that's where you start getting into trouble.
Making a non-sincere offer and publishing it in order to create media traction that would have a major impact on the market can quite possibly be illegal.
That said if the offer was intentionally non-sincere only an idiot would publish it as part of the PR, 30% premium on a stock however seems to be a pretty sincere and good offer to me tho.
It's fraud to offer someone a deal you know they aren't allowed to accept? It might be fraud to let it go through with prior knowledge, but if you clued them in that they shouldn't do so before hand, then I'm not sure how you could be found at fault for someone else's breach of contract.
It's probably only distinguished by whether you admit your intention was to never have the deal succeed, or claim that you came by the knowledge, or at least the understanding, after the initial offer.
There's an interesting calculus potentially at play: there can be a sincere intent that the offer be accepted, but the offer might have never been made were it not for the positive side-effects that mitigate the downside.
I'm pretty sure that's intent to commit fraud.
ANAL, ANA-Finance Guy. I'm pretty sure the "intent" is the important part here if the primary purpose of a financial move is to manipulate the market that's where you start getting into trouble. Making a non-sincere offer and publishing it in order to create media traction that would have a major impact on the market can quite possibly be illegal.
That said if the offer was intentionally non-sincere only an idiot would publish it as part of the PR, 30% premium on a stock however seems to be a pretty sincere and good offer to me tho.