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Why bid up?

28 November 2002 By Paul Raynes

Negotiating tactics aside, it may not make sense for Vodafone to make a significantly higher bid for the French telecoms firm now. Right now, its extra offer would be for 85% of Cegetel. If Vodafone waits 8 months, it need only pay a higher price for 70%.

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Why bid up?

28 November 2002 By Paul Raynes

This content is for Subscribers only

 

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