SlumTodd_Millionaire
Most Hated Member
Explain for those that want to understand, please.
Well, cancelling all bargaining sessions can mean one of two things:
1. The Board doesn't see any progress being made and isn't interested in preferring arbitration, so they're going to cancel mediation and let both sides stew until one of them makes a move towards the other side; or
2. The Board doesn't see any progress being made, believes that a true impasse has been reached, and believes that a proffer and cooling off period would likely result in a deal, so they're preparing to issue it.
It's 1 more often than it's 2. But I'm not familiar with what's going on at the table, so I don't know. I just wouldn't advise getting your hopes up until the proffer is actually made.