Sherlock, companies who make tender offers for sha
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Posted On: 07/23/2025 5:29:34 PM
Re: sherlock57 #155346
Sherlock, companies who make tender offers for shares of another company do not usually need their shareholders' approval. They can make an offer directly to shareholders of the selling company at a fixed price. The Gilead acquistion of Immunomedics was structured as a tender offer followed by a merger; first a tender offer, and then a merger to acquire the remaining shares.
Of course the shareholders of the acquiring company might demand heads severed, but they would not have to be asked.
Of course the shareholders of the acquiring company might demand heads severed, but they would not have to be asked.
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