KAR 0.00% $1.48 karoon energy ltd

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  1. 885 Posts.
    they dont have to agree to a takeover as cop can go straight to the shareholders (hostile takeover)... i think what tends to happen (Kraft > Cadbury) is that they try and get approval from management otherwise it tends to not work until they do...

    eventually a price would be reached that would be better than fair market value and management say yes and the shareholders follow...
 
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