SkyCity rejected two takeover bids in May, saying they undervalued company
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SkyCity Entertainment Group has disclosed that its board rejected two takeover approaches received in May, including one from a fund managed by Oaktree Capital Management, after concluding that the proposals did not adequately reflect the company’s underlying value and contained problematic conditi…
SkyCity Entertainment Group has disclosed that its board rejected two takeover approaches received in May, including one from a fund managed by Oaktree Capital Management, after concluding that the proposals did not adequately reflect the company’s underlying value and contained problematic conditions. “The SkyCity Board carefully considered these indicative proposals, with input from management...