From April Report
Sadly, too few companies have been willing to defend their position and stand up for themselves when necessary (despite us strongly
urging them to do so). In some cases, the sole deciding factor of a deal completing is the willingness of target boards to stand up
for shareholders and fight back and for various reasons, many companies have simply not had the appetite to do so.
To illustrate our point, on April 20, Abano Healthcare (ABA.NZX) wrote to shareholders to explain why it had decided not to fight.
We have a dog in the fight.
From April ReportSadly, too few companies have been willing to...
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