How can the board agree to this???? At the May Singapore conference they stated
Strong opportunities for ongoing growth
??At the bottom of a +4 year upswing in the advertising cycle
??Under represented in numerous ad spend categories across all business pursuits
??Sitting upon the crest of a significant wave of ad spend to digital media at high margin
??Deep organic business opportunities, including the ability to cross sell at high margins and lock clients in whilst providing them with savings and a greater level of marketing communication services
AND.....??Shareholder focussed!!!!!!!!
"The board of Mitchell unanimously recommends Mitchell shareholders vote in favour of the transaction in the absence of a superior proposal and subject to an independent expert concluding the scheme is in the best interests of Mitchell shareholders?? group"
Well bring on the independant expert!!!
....more to come!!!!
Oscar
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