Legendary bookie and Sportsbet founder Matthew Tripp - who is never far away from any corporate action in the sector - has been speculated as another party that wants a piece of the Tabcorp action.
But no one is yet showing Tabcorp the money - or at least not enough of it. Thus no one has been given a set of keys to any Tabcorp data room.
The rejection of the offers has placed additional pressure on the Tabcorp board which now has to decide whether to demerge the wagering/media operations or maintain the status quo.
It is a decision that can’t wait.
The company has a self-imposed deadline for the end of March (less than two weeks away) to announce the appointment of a new chief executive. Given it hasn’t altered that timetable,this will be the point at which Tabcorp needs to tell investors what the new person will be in charge of.
It is understood that a preferred candidate has been chosen but if the demerger plan is pursued,the current chief executive David Attenborough could stay on a bit longer to oversee the break-up.