| From theage.com.au: ORIGIN Energy managing director Grant King believes there are seven strong reasons for rejecting BG Group's $13.8 billion takeover bid. In sum, though, he still believes the $15.50-a-share offer from BG undervalues his company. In releasing the 100-page Target's Statement advising Origin shareholders to reject the offer, Mr King said an independent expert's report by Grant Samuel & Associates would be released to shareholders a least a week before the BG offer lapses on September 26.
It will provide shareholders with a valuation range for Origin shares..... Full Article: Source
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