''perhaps the takover is contingent on the success of the C/R, in which case there is nothing to be announced.''
Disagree. Two boards sitting down and discussing the takeover of the other is 'material information' - and that would need to be disclosed to market. i.e takeover can be announced and then it could be made on condition of success of CR. Either way by Monday we will know.
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''perhaps the takover is contingent on the success of the C/R,...
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