Bidder pulls out?

Positively Palermo has received important news. The e-mail says: "Penny, A board member told me that the bidder for the Enterprise (now bank owned) 34 condos and undeveloped land has pulled out, and now the bank has accepted another offer from a 'development company.' So I guess Strata Equity will no longer be the new player at Palermo. Please let people know. It looks like things will be the same for awhile as the new winning bidder goes through the process." Miss Penny Lane says: With fingers crossed, she's off to buy a lotto ticket and will eagerly snap up all of our lovely Palermo if she wins big.