You write it quite correctly yourself, Snax: even if the merged company were to be mutually beneficial, I would argue for a fair valuation.
In this case, however, ACL has not made a good start to a joint future with what I consider to be the psychologically wrong decision for a "hostile takeover"!
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ACL Take Over Proposal Wishful Thinking, page-16
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2 | 18626 | 1.460 |
1 | 9070 | 1.455 |
4 | 16748 | 1.445 |
1 | 10000 | 1.440 |
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