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FentonCrackshell said:
No one should eve have to apologize really. Because we all know the thing you're apologizing for is how you really feel. You may be sorry for vocalizing it but it's been in your head this whole time.

He gave a wrong information to the journalists, which put one of his business partners in a pretty bad position toward the market leader.

So yeah, it's better for him and his partner if he apologizes and give the true story.