From: Eileen Alexanderson
To: Jeffrey Epstein <jeevacation@gmail.com>
CC: Richard Joslin <
Subject: Further timber update
Date: Tue, 18 Nov 2014 00:13:53 +0000
Timber update- no better bids came in. Best bid is a 15% discount on the 6/30value = to $16,125,588. This was
the bidder's initial offer. Eaton Partners believes there may be a few addl % pts they will be able to extract. This
addl % was obviously built into status update last week when they gave guidance that they had a ' low teens'
bid. There were 10 bids-majority came in with +1-30% discounts. This best bidder would like a brief period to do
a bit more confirmatory due diligence and will commit to close sometime before year end. I sent the same
update to Leon asking if he is agreeable to a bid at this level.
Eileen Alexanderson
Elysium Management
445 Park Avenue
Suite 1401
Email:
Sent from my iPhone
EFTA01000923