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222: Luke Cummings – Mergers & Acquisitions: The Ultimate Game of Poker

Chat With Traders

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Private Equity

It's a little bit easier for, you the bitter to kind of wriggle out of their commitments if the target company doesn't have the backbone to stand up for it shareholders and wante to enforce a deal. O, i feel that that was quite a key point. It went over my head a little bit, but i think, you know, would listen to that. And it would be fair to say that for that reason we're just more cautious about schemes generally. There's, there's more vot risk, and there's a littlebit more on the risk of being able to get out of the transaction that would otherwise be the case with a take ofabi.

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