Currently two alternative acquisition proposals have been presented, and we expect the board to conclude, as we have, that one of these new offers will be better for shareholders. (oakmark.com)
Or some entrepreneurs have exit strategies and others may refuse acquisition proposals regardless of the profit they will personally make. (entrepreneur.com)
2) BVF favors immediate acceptance of the initial acquisition proposal from MediciNova — despite the low initial proposed value per share — apparently without negotiations to improve the terms (greenbackd.com)