LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-104

  1. 2,366 Posts.
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    There has been plenty of time for unsolicited offers to be made. There has only been one apparently and the company is on the verge of insolvency. Ipso facto from management's point of view they have no alternative.

    Internal management decisions and work product cannot be public. That would be a gift to a hostile takeover.
 
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