Germany's Metro Says Takeover Offer Undervalues Company
Published on: Saturday 22 June 2019
Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further.
News source: https://www.nytimes.com/reuters/2019/06/23/business/23reuters-metro-m-a-ep-global-commerce.html
