RIO 2.75% $115.91 rio tinto limited

why does rio just accept the bhp 3.4 offer

  1. 797 Posts.
    Given RIO is trading at such a discount to the BHP 3.4 offer, if the board could accept the offer, and let the share holders gain from the takeover.
    Or does managment see their jobs disappering with the merg?
 
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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