ArborGen shares soar on failed takeover news
UPDATED: Review announced after confidential acquisition bid ‘materially undervalued’ the seedling company.
UPDATE: A failed takeover offer of NZX-listed seedling business ArborGen Holdings has pushed the company’s share price up 34.9% by mid-afternoon.
The lowball offer prompted a strategic review to consider a potential sale of all or part of the business, a sale of some or all of its assets, or
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