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Seeing the light

4 September 2019 By Liam Proud, Ed Cropley

U.S. Democrats and even CEOs are saying companies should be run for workers, not just investors. In a market where employees already have a say, AMS’s $4.8 bln bid for Osram reveals the flaws. Boards can do little to rebuff the highest cash offer, even if the buyer is unstable.

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