"Not surprisingly the offer was rejected as it would mean no effective change in command..."
Interesting. Despite your lack of knowledge of this company and its affairs, you have correctly characterised the intention of the assault party.
The comment has been made many times that those seeking control of a company ought to launch a takeover and pay shareholders a premium. The corporate raider approach of takeover-by-stealth-aided-by-slander won't wash except when shareholders are really, really dumb. Ours are not that dumb.
The board is not composed of relatives.
"Not surprisingly the offer was rejected as it would mean no...
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