Don’t know if I am reading too much into the article, but it seems to imply that some of the institutions were happy to support Capitol’s bid as it might entice a better offer from Permira.
Secondly - is there a veiled threat in the last line, that Harrison might find his job on the line? It’s a bit of a debacle and a nice waste of money, but given CAJ’s track record with management, I an not sure a change would be a good thing.....Until he went insane with this hostile takeover (no doubt encouraged by investment bankers and institutions), I really liked what he was doing.... and shouldn’t Demetriou take some blame - he’s the Chairman and has to sign off on these things. Sigh.....
Ann: IDX: Target's Statement, page-13
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.0¢ | 36.5¢ | $366.6K | 980.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1394 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 193185 | 6 |
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