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ATS Andlauer board drops opposition to management-led takeover offer... | |
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Submitted by admin on Friday, November 14, 2008 - 18:00 | |
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TORONTO - ATS Andlauer Income Fund (TSX:ATS.UN) says its board of trustees has reluctantly dropped its opposition to a takeover bid by the freight carrier's management. The offer of $11.75 per unit would be worth $79 million, which the fund's board of trustees had previously rejected as inadequate. They're still saying the offer is inadequate but likely the best that unitho... |
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