Lee: Hello, Lee Williams. 
 [bad word]  Hi, Lee. This is [bad word] Eng. The reason I’m calling is to find out if there is any news about [bad word] s takeover bid for Shamrock Corp. It’s been a week and I was wondering what’s happening. 

Lee: Hi, [bad word]  I’m glad you called. I was just about to call you with an update. Here’s where we are. The offer we made to Shamrock was rejected by the board on Tuesday. [bad word] s board of directors has been meeting all week to decide the next course of action. 
 [bad word]  Is there any chance that this could turn into a hostile takeover? 

Lee: There is a distinct possibility. [bad word] is hoping to avoid that since we had hoped to do extensive due diligence, but a hostile takeover may be the only option right now if we decide to move ahead with this. 
 [bad word]  Would the banks go for little or no due diligence? I thought that their support of the takeover bid was contingent on getting more information about the state of Shamrock’s finances. 

Lee: You’re right and that may be the stumbling block. 
 [bad word]  Okay, well, call me if you get more information. 

Lee: I will. You can count on it.