Takeover Offer
In March 2010, shareholders voted to accept a $373 million takeover offer by TPG Telecom Ltd. for $6.30 per share. The takeover is subject to approval by the Queensland Supreme Court. Shares of TPG rose 11 per cent after the news was released.
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Famous quotes containing the words takeover and/or offer:
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)
“Give a scientist a problem and he will probably provide a solution; historians and sociologists, by contrast, can offer only opinions. Ask a dozen chemists the composition of an organic compound such as methane, and within a short time all twelve will have come up with the same solution of CH4. Ask, however, a dozen economists or sociologists to provide policies to reduce unemployment or the level of crime and twelve widely differing opinions are likely to be offered.”
—Derek Gjertsen, British scientist, author. Science and Philosophy: Past and Present, ch. 3, Penguin (1989)