Does anyone else find it strange that the takeover has shifted from 'inevitable' to now 'unlikely' (paraphrasing) on the resignation of directors.
My understanding is now that the offer is out the only opinion that matters is that of JKA holders (please correct me if I am wrong, perhaps the offer can be pulled but I didn't think so). From a JKA holders point of view I do not see the impact. It was clear from the offer document that Max's time in the merged entity was going to be wound down as soon as possible and Eve was to take a much lesser role. Why would, what is essentially just a quickening of this timeline, have a major effect on the thoughts of the JKA share holder?
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