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Link (ASX:LNK) share price rockets 26% higher on takeover approach – Motley Fool Australia

The Link Administration Holdings Ltd (ASX:LNK) share price is rocketing higher on Monday after receiving a takeover approach…

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The Link Administration Holdings Ltd(ASX: LNK) share price has been an exceptionally strong performer on Monday.
In morning trade the administration services provider’s shares are up a sizeable 26.5% to $5.05.
Why is the Link share price surging higher?
Investors have been fighting to get hold of the company’s shares on Monday after it revealed that it has received a takeover approach.
According to the release, Link has received a conditional, non-binding indicative proposal from a consortiu…

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