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Right, but they hurt other shareholders by preventing them from taking it. Don't like the bid, fine, say no -- but don't prevent your peers from selling out.
by chernevik 4y ago
Right, but they hurt other shareholders by preventing them from taking it.
Don't like the bid, fine, say no -- but don't prevent your peers from selling out.
- lokar 4y agoA buyout is all or nothing. Many current shareholders (a majority?) think the offer is low. The board is representing their interests.