re: Ann: David Jones Board Recommends A$4.00 ... Why would either WES or PMV want to get into a bidding war for DJS with the offer on the table (and recommended by the Board) worth $2.15bio.
The market cap of MYR is currently only about $1.36bio.
To my mind if either wanted a Dept. store exposure then a go at MYR would be a cheaper entry.
Ann: David Jones Board Recommends A$4.00 Cash per, page-18
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