If you read the scheme, Pfizer require 5 days notice before ResApp can announce a superior proposal to market. In the 5 days Pfizer has the option to match (or beat) the offer which would satisfy the BODs recommendation to support this offer as there is no superior bid.
- Forums
- ASX - By Stock
- RAP
- Is this the start of the auction?
Is this the start of the auction?, page-13
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)