A question that may have already been covered off on (and I missed it)........how does a director represent the best interests of the shareholders of a small company that is subject to a takeover bid if he is also a director of the larger company that is mounting the takeover? Would it not be in their interest to try to keep the target company's share price as low as possible in order to make the deal appear more favourable?
A question that may have already been covered off on (and I...
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