ArborGen hit with lowball takeover offer
Global advanced genetics seedling company ArborGen Holdings said it has received a low-ball takeover offer and it will be undertaking a strategic review that could include a US listing. The company formally known as Rubicon said it has received a confidential, nonbinding, indicative, incomplete and highly conditional proposal from a credible third party to acquire all of the shares in, or assets of, ArborGen.
ArborGen hit with lowball takeover offer
Global advanced genetics seedling company ArborGen Holdings said it has received a low-ball takeover offer and it will be undertaking a strategic review that could include a US listing. The company formally known as Rubicon said it has received a confidential, nonbinding, indicative, incomplete and highly conditional proposal from a credible third party to acquire all of the shares in, or assets of, ArborGen.