The deal moves forward even though fewer than 90 percent of shareholders tendered shares. Read More
Tags :Elliott Management Corp.
The offer had received more than 80 percent shareholder acceptance by the deadline.Read More
The investor now owns 10.5 percent, enough to scupper PMI’s bid if it rejects the offer. Read More
The offer represents a 52.5 percent premium over the closing share price on May 9.Read More
Made easier by the strength of the dollar, the increase may help PMI overcome resistance to the deal from certain investors.Read More
The offer is “even more attractive” in the changed economic climate, says CEO.Read More
The investor joins Elliott and Bronte Capital in demanding a higher price. Read More
Elliott has acquired a stake in SM with the likely goal of demanding a higher price for the takeover. Read More
