close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Margin Call
4 mins to read

Pushpay shareholders forced to fight for offer’s ‘second coming’

ANALYSIS: Shareholders stepped in to do board’s job to get higher offer after directors recommended inadequate initial offer.

Why would directors recommend the initial offer at that level?

Matt Peek Tue, 21 Mar 2023

Independent directors used to fight tooth and nail for shareholders, but now it seems they'd rather just take the easy path. We need a return to a world where governance is less about box ticking, and more about delivering value for shareholders.

The Pushpay bidder was always likely to make a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Matt Peek Tue, 21 Mar 2023
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Pushpay shareholders forced to fight for offer’s ‘second coming’
Margin Call,
98272
true