Business
BGH’s offer for Village Roadshow ‘fair and reasonable’ – The Australian Financial Review
The board is soon expected to release an independent report by Grant Samuel declaring the scheme fair and reasonable ahead of the vote for shareholders.
Last week’s increase meant the Mittleman fund is even more weighted to Village. Village is Mittleman Brothers’ second-largest investment, the first being the investment holding company, Aimia, which bought Mittleman Brothers earlier this year.
Mittleman Brothers has been scathing in its assessment of the two proposed structures put forward and recommended by Village’s independent board committee (IBC).
“Given our belief that the
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