Stock story III : Bride and its suitors.
This stock is a bride to be, famous for its Hospitality.
She has two suitors.
One is a Stalker (Hostile?)
Another is Arranged (White Knight?)
Both Suitors have equal stake.
The average cost of the stake of the Arranged suitor is at twice the current market price.
One or the other suitor is bound to stake claim of the Bride!
When? SEBI recently modified the ‘Take over’ regulation. The revised regulation includes a change in the trigger for an open offer from 15% to 25% With SEBI issuing the notification on Friday 23/09/2011, of the revised takeover code, and the revised code being applicable 30 days from the date of notification,
expect action on this counter from November 2011.
Can you benefit?
She has two suitors.
One is a Stalker (Hostile?)
Another is Arranged (White Knight?)
Both Suitors have equal stake.
The average cost of the stake of the Arranged suitor is at twice the current market price.
One or the other suitor is bound to stake claim of the Bride!
When? SEBI recently modified the ‘Take over’ regulation. The revised regulation includes a change in the trigger for an open offer from 15% to 25% With SEBI issuing the notification on Friday 23/09/2011, of the revised takeover code, and the revised code being applicable 30 days from the date of notification,
expect action on this counter from November 2011.
Can you benefit?
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