Ann: Lodgement of Bidders Statement by WGR , page-13

I have one question.

What is the disadvantage of accepting the offer?

Unless WGR is overvalued at the moment, there is no disadvantage to AAG by accepting the WGR takeover bid. If anything the merged entities price will be at a bigger discount to its intrinsic value than AAG's price is now to its value!

In other words, if you think WGR is a good buy on its own merits, you should not object to the takoever bid.

Or is there something i'm missing?