We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

A penny for your company

7 May 2006 By Hugo Dixon

Quasihostile bidders for UK companies like Tchenguiz s approach to M&B often get flummoxed when told to put up or shut up. A cheeky way of buying time would be to put in a fullyfinanced firm offer of 1p for the target s entire share capital.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)