City veteran Simon Laffin on the challenges posed by controversial takeovers

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City veteran Simon Laffin on the challenges posed by controversial takeovers
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Weighing up the role boards must play as Morrisons, Meggitt and more make the headlines

“When I’ve had takeover approaches the attitude of shareholders has been: ‘If a big offer comes in, I want to have the say on it, not you,’” Laffin says. “What really pisses them off is if a board turns down a big premium without consulting them.

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