In a year of takeover defences, what impacts do these tactics have on shareholders?
- Written by Simon Segal, PhD research candidate, Business, Flinders University
It’s becoming the year of defence in Australian mergers and acquisition, with varying and fascinating defence tactics on display over the past six months.
Perhaps the most brazen defence this year in Australia was Healthscope’s rejection of two rival bidders while simultaneously announcing an earnings downgrade. Not only does this defy t...
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