Ann: Becoming a substantial holder in BOW by DB G, page-48

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  1. 1,268 Posts.
    re: Ann: Becoming a substantial holder in BOW... Hi Buddy you said this ...

    "One more important thing is that with a Takeover, a predator company can approach the shareholders of the company that is under takeover position direct, and up and change the bid accordingly to suit it's own needs for success. In the Scheme of Arrangement though, the bidding company cannot approach the vendor company's shareholders in any ways or form, and the vendor company itself is releasing the Scheme to it's own shareholders for acceptance and most importantly They cannot alter nor modify that bid."

    Correct me if I am wrong, but the bit about altering the price can be overcome by scrapping the SOA and launching a takeover???
 
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