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Ep-208 #askmoneypurse
Takeaway
Open offers are not mandatory to tender into — investors can choose to hold and ride out management change if fundamentals support it.
Summary
- Long discussion on Religare stock and Burman family's open offer (25% stake acquisition) — host has tracked the saga from the start.
- Explains that as a public shareholder, accepting an open offer is NOT mandatory — investors can say no.
- Frames the Religare situation as an extreme example of boardroom politics worthy of a movie.
- Guidance on when to invest in stocks undergoing change-of-management.
Religareopen offercorporate action
Original description
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