PER 5.13% 7.4¢ percheron therapeutics limited

The board normally gets advise on fair value for the company and...

  1. 505 Posts.
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    The board normally gets advise on fair value for the company and offers their recommendation to shareholders.

    Shareholders then get to vote. I believe that a 90% vote is needed for acceptance of the deal.

    While this is going on, the company with the takeover offer will be mopping up shares below the takeover price.


    .
 
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