From time to time one notices that a potential bidder has been granted a period of 'exclusivity' by the company that may be acquired. While this practice may appear to be quite innocent it is open to abuse by the presumed bidder. It is also a free gift and there should be a penalty fee payable if the bidder wishes to withdraw from the bid.
11/12/2010
Proxy advisors are back in the crosshairs, as a follow-up to the executive
order that Dave blogged about in December. Earlier this month, in response
to th...
1 day ago
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