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clock Created with Sketch. 07/05/25
11:47
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Originally posted by stevenjd:
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Counter cyclical takeover probability increases with decreasing sp, = less premium a predator would need to make to convince longs to take their tail between their legs. While some would hold out for crusted on premiums of a latter offer if it didnt reach 90% compulsory in the first go.
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what really annoys me is that management were banging on about so many companies knocking on their doors for a deal.
(20min delay)