If this is true, the merger is likely off the table and both companies sp are going to get slaughtered on Monday.
https://radioinfo.com.au/news/anchorage-pulls-out-of-arns-sca-takeover-bid/
Big questions to be answered by this Board!
Has the Anchorage DD process failed to produce convincing merits of the deal (more likely imho) or are they just pi$$ed off that the process dragged on for too long?
Can't see how ARN can complete the acquisition on its own.
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If this is true, the merger is likely off the table and both...
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Open | High | Low | Value | Volume |
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3 | 36655 | 0.775 |
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Price($) | Vol. | No. |
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0.855 | 12900 | 1 |
0.860 | 6000 | 1 |
0.900 | 8322 | 3 |
0.910 | 1000 | 1 |
0.940 | 14270 | 1 |
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Change
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