Subject: Re: Patriach
From: "Devon Archer" <[email-masked]>
To: <[email-masked]>
Date: Tue, 16 Nov 2010 19:02:28 -0800

1 1/2 - 2 points? $1mm bucks? We need to establish with the buy side before we convince this crazy woman to sell. The russian woman managing partner is adamant she doesn't want to sell but assuming she's trying to game us. The operating partner seems more open and would entertain a bid. What we're going to do is get a wink from the sell side (w/o them having to give up their cards) for the buy side to submit an unsolicited bid. We'll do some price discovery in the lunch and try and guide the process but it will be out of our hands quickly. Therefore we need an agreement.

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From: Hunter Biden <[email-masked]> 
To: Devon Archer 
Sent: Tue Nov 16 18:47:41 2010
Subject: Re: Patriach 

You name the price.

Sent from my iPhone

On Nov 16, 2010, at 5:57 PM, "Devon Archer" <[email-masked]> wrote:

	Nevermind. They finally just got back to us. Having lunch next week. What's this fee worth to us? 

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	From: Devon Archer 
	To: Hunter Biden <[email-masked]> 
	Sent: Tue Nov 16 13:25:18 2010
	Subject: Patriach 

	After sending a letter and an intial 5 calls outbound we've had no solid response.  We'll stand by for a response from them but moving on.