DSH 0.00% 35.5¢ dshe holdings limited

Dick smith takeover by jb hifi possible, page-2

  1. 417 Posts.
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    It shouldn't be to fend off prospective suitors, but to ensure shareholders get the best outcome possible.

    The problem is the senior management and board have a vested interest in stopping a take-over as most of them would be made redundant.

    Not saying this is the case here, but some of the mergers and acquisitions I have been involved in (at a much smaller cap admittedly) are driven by ego and self interest, not maximising shareholder value.
 
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