Business
Don’t count on a higher bid for Altium: analyst – The Australian Financial Review
Altium shares closed almost 40 per cent higher after it rejected a $5 billion takeover proposal from Nasdaq-listed software giant…
However, the price offered appears elevated in the absence of detail on material synergies or earnings upside versus consensus, and our back-of-the-envelope analysis suggests that it would be difficult for Autodesk to materially increase its bid.
Based…
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