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
If you were alerted yesterday to an off-cycle Schedule 13G Amendment from
Vanguard Group, Inc., you weren’t alone. Howard Dicker of Weil Gotshal
pointed ou...
4 hours ago
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