"Shareholder protection in the U.S. is much better than Europe; if Drahi tried to take ATUS private, it would put Altice in play and open them up to a competing bid from a strategic."
How so? If he tried to take it private, the Board would have to set up an independent committee, sure.
But given that Draghi has control, how could a compe…
"Shareholder protection in the U.S. is much better than Europe; if Drahi tried to take ATUS private, it would put Altice in play and open them up to a competing bid from a strategic."
How so? If he tried to take it private, the Board would have to set up an independent committee, sure.
But given that Draghi has control, how could a competing bid work?
I'm not at all an expert in this matter (shareholder protection / bids), so I'm seeking enlightenment.
"Shareholder protection in the U.S. is much better than Europe; if Drahi tried to take ATUS private, it would put Altice in play and open them up to a competing bid from a strategic."
How so? If he tried to take it private, the Board would have to set up an independent committee, sure.
But given that Draghi has control, how could a competing bid work?
I'm not at all an expert in this matter (shareholder protection / bids), so I'm seeking enlightenment.