@SOHAN
The earlier mgt. was clearly struggling to grow the business. As a result the share has been languishing for quite some time. The new mgt. stepping in with hopefully fresh ideas & adding to their stake through the open offer is certainly good news. That said, acquisitions historically have, more often than not, been over priced so I would also suggest caution. It’s always wise to take a limited position & wait for the story to unfold, & if it unfolds well, you can always add to your position.
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