I highly doubt that.If that was the case than you would think the HBG board did what it did, when it did to kill the 2 deals or at least with knowledge that the deals would be killed. Does anyone know if any debenture holders have a nephew or grandson that is aspiring to be a 5/8 or fullback? that could explain it. Or perhaps they are so dumb that they saw the contracts and decided to punt the board so the HBG board could take all the credit. My tin foil hat is getting a workout.
I assume they didn't know what was taking place - nor did they really need to know.
It does explain why the sudden rush to then sign benji long term, they probably realised the implications of what they had done. But that's just my speculation.