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When ‘ramps’ hoist those all‐paper bids

Industrial Management

ISSN: 0007-6929

Article publication date: 1 June 1973

23

Abstract

Shareholders in a company which is about to be taken over should be wary of an ‘all‐paper’ bid, where there is no cash alternative. For there is evidence to suggest that the practice of ‘ramping’—where the bidder gets acquaintances to buy heavily in his own company's shares to artificially boost the offer value—is on the increase.

Citation

Barnfather, M. (1973), "When ‘ramps’ hoist those all‐paper bids", Industrial Management, Vol. 73 No. 6, pp. 9-10. https://doi.org/10.1108/eb056319

Publisher

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MCB UP Ltd

Copyright © 1973, MCB UP Limited

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