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What is 8 - Article Elf Counterbid WSJ 3p 1999 about?

Elf Aquitaine SA has launched a $50.97 billion counterbid for TotalFina SA, employing the Pac-Man defense strategy, which involves a target company making a bid for its acquirer. This tactic is rarely used in Europe due to its complexity and the investment community

Author

kimianazari0

Language

EN