So the takeover offer isn't fair and only at a stretch can the independent experts say it is reasonable - but our board recommend we accept it. Igas is sure to go even lower when ex-Dart holders start selling.
These turkeys have never cared for the interests of the other 69.5% of shareholders.
Has anyone ever heard of a board accepting and recommending the first lowball takeover offer?
These guys have because they engineered it. Now that the value of their deal has dropped even further they still recommend we accept but can't come up with a compelling reason to. Just like their original takeover of the board. They never explained why it was in the interests of shareholders and history has shown that it wasn't.
Don't let them win because of apathy.
So the takeover offer isn't fair and only at a stretch can the...
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