Hints and tips:
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...“Brokers, fund managers et al generally don’t appreciate this as it leaves us making some unpleasant assumptions,” notes Mark Brumby, a leisure analyst at Oriel Securities....
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