Drahi Gets Investor Complaint Over Bid to Take Altice Private

Drahi Gets Investor Complaint Over Bid to Take Altice Private

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a cash offer for a company at €4.11 per share, which is considered undervalued by some stakeholders. Mr. Dry, a majority shareholder, is accused of exploiting the pandemic to buy out minority shareholders. Despite his efforts to improve the company's value, public markets have not recognized it. Analysts have varied opinions on the company's worth, with some valuing it higher than the offer. Legal actions are being considered to challenge the offer, citing corporate governance issues in the Netherlands.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the cash offer price mentioned in the discussion?

€6.25

€3.50

€4.11

€5.00

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What actions did Mr. Dry take to improve the company's financial health?

Acquired new businesses

Sold infrastructure assets

Reduced employee salaries

Increased company debt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are public markets not valuing the company at the suggested levels?

Lack of proper fundamental analysis

High employee turnover

Limited product range

Excessive marketing expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What valuation did Russell Waller from New Street assign to the business?

€4.11

€10.0

€5.7

€7.0

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What legal action is being considered to challenge the majority shareholder's actions?

Requesting an independent board member

Seeking a merger with another company

Filing a complaint with the European Union

Launching a public protest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the majority shareholder's actions?

Increasing company debt

Abusing corporate governance rules

Expanding into new markets

Reducing company workforce

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome of the legal actions being considered?

Increase in company stock price

Rejection of the shareholder's vote

Approval of the shareholder's actions

Expansion of company operations