I’m sorry, but that’s just wrong also.
The board just can’t decide it’s not in the best interests of shareholders and dismiss it. If it’s a verified TO offer then the Board has to take it to shareholders but strongly recommending that it be rejected. And what Board wouldn’t want that sort of positive media attention?
Not aware of what happened at LTR but they couldn’t have been legit TO offers if the Board hushed them up.
Cheers.
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40 | 6966738 | 0.044 |
29 | 3216810 | 0.043 |
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