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Deep M&A thoughts

4 August 2021 By Antony Currie

Sydney Airport, Iress and Altium all spurned bids with a 42% premium, the famed sci-fi number that answers the ultimate question of life. Playing hard to get, as target Spark has done, is part of the M&A game. Hubris, however, has a way of leading to remorse in the deal universe.

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