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.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the cash offer mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What argument is made regarding Mr. Dries' actions during the pandemic?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What valuation range was argued for the stock at the IRA Sohn conference?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the share price of €4.11 in the context of the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker perceive the public equity markets' valuation of the company?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the proposed valuation by the analyst from New Street?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What legal actions are being considered in response to the corporate governance issues?

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