Hypothetically speaking, the company might not want to sell out to a WISCO/chinese consortium, but if the predators choose a hostile takeover, then 'the company' might not have much choice.
They only need to offer a price 50% of shareholders would accept.
imo, if you are not emotionally attached to SDL the best financial return in the short term would be via a hostile takeover.
Imagine the outcry if a consortium involving CHEC/CRCC made a takeover bid - effectively they have invited the fox into the henhouse.
There are a lot of other possible scenarios - the above is just one possibility.
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Hypothetically speaking, the company might not want to sell out...
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