The board believes that the business plan proposed by United is not financially sound.
He declined to say which company the board believed was responsible for disturbing the stakes.
The board believed that the company's share price, then about $5.50, would soon increase.
But he said the board believed that all the products on the list could be reformulated.
Because the governing board doesn't believe I've done enough modeling.
She said the board believed it was proceeding along a legal and proper course.
"With grant money drying up, our board believes in being creative," she said.
If the board doesn't believe you can draw the inference from that statement, they'll say so.
Warner Music's board evidently believes that it can extract a higher price.
"I believe, and this board believes, we have to take a big step."