Sentences with phrase «reduced takeover offer»

Not exact matches

These provisions are intended to avoid costly takeover battles, reduce our vulnerability to a hostile change in control or other unsolicited acquisition proposal, and enhance the ability of our board of directors to maximize stockholder value in connection with any unsolicited offer to acquire us.

The way Murray Goulburn chooses to see things, that means Saputo has actually reduced the value of the offer and that is not an option open to it under the takeover rules.

Carlson said that because the deal will mean a change in control of Rezidor, Swedish takeover rules require that HNA Tourism Group must decide within four weeks of closing either to initiate a public tender offer for the remaining 48.7 percent of Rezidor, or reduce its stake in that company to no more than 30 percent.