Here's the first bit.
I got a discounted subscription - there are deals out there, cheapest is about $1 a day.
There’s a standoff at funerals group InvoCare, with potentially serious ramifications for the company’s board and investors.TPG Capital, having secured a 19.9 per cent stake, has yet to take the company up on its offer of “access to limited, non-public financial information”.
The private equity investor dislikes the look of a standstill agreement, which would restrict its ability to vote its stake should it get any non-public information.
While there are often quibbles about standstill agreements – it’s all part of the M&A game – the stoush is particularly pertinent at InvoCare, which is only six weeks away from its annual general meeting.As InvoCare’s biggest shareholder, TPG has the right to vote its shares for or against any director up for election or re-election which in this case includes the funerals group’s chairman Bart Vogel.
Here's the first bit.I got a discounted subscription - there are...
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