´´ Foul Play - Sonton Foods (JP:2898)

Wednesday, December 5, 2012

Foul Play - Sonton Foods (JP:2898)

  • Interesting how fast a poison pill gets pulperized, when the aquirer is japanese
  • Management didn't act in the interest of the great country of Japan: Deal was not in best interest of stockholders ==> Management only followed self- interest.
  • Market to blame too. Has not worked properly
  • MBO terms were inadequate

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