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ACSI: companies paid premium for rights issue underwriting

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
... buy up any outstanding shares," Hagart said. "It is the equivalent of buying a put option from the bank." Hagart and Mike Harut, governance and engagement analyst at ACSI and the report's author, emphasised that the report is based on data from pro-rata ...
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