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To: Patrick Sharkey who wrote (17445)7/27/1998 6:48:00 PM
From: Bill  Read Replies (1) | Respond to of 29386
 
In addition to the points in my last post, I would add that the acquiring company, if public, is also subject to the same "fairness" evaluation from a fiduciary perspective as the target company. That company's shareholders would have a cause of action should they pay too much for an acquisition. That's why you NEVER see a $2 public company get acquired for $6.