I'm not as fixated on fault and blame as some, but it does often serve a purpose, when constructive and measures are taken to avoid repeating obvious mistakes by the parties directly involved. I'm not sure about what purpose fans assigning blame has, except to satisfy some internal need some of us have. This is NOT the same as thinking nobody is to blame, as you have accused me of believing.
My answer:
Neither side found a meeting point.
Of course, I wish Bloom, JH & Co. had offered Bogey a fair offer that would have turned out to be less than what this exploding market has created, and the $168M/6 deal you suggested seems about as high as I'd have gone. I'm not sure Bogey/BorA$$ would have accepted that or not, so not knowing the answer to that question makes it hard for me to blame any side more than the other.
I also think we can't really say any mistake was made or not, until we see what Bogey produces over the next 6, 7, 8 or 11 years. Assigning blame or fault, now, is premature and "overanalyzing," IMO.