Normal
What do you mean by fails?You mean the bid is pulled?Or like not enough shares were bought by the predator so no compulsory takeover was made??Well, Not too sure about the bluechip companies.But OMC bid failed - and while OMC certainly didnt run, it never fell.PDN initial bid for SMM failed. SMM never went down.TYC just kept rejecting and the takeover price kept going higher and higher.MTN. Another example.
What do you mean by fails?
You mean the bid is pulled?
Or like not enough shares were bought by the predator so no compulsory takeover was made??
Well, Not too sure about the bluechip companies.
But OMC bid failed - and while OMC certainly didnt run, it never fell.
PDN initial bid for SMM failed. SMM never went down.
TYC just kept rejecting and the takeover price kept going higher and higher.
MTN. Another example.
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