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Hollysys Shareholders Advised to Reject Offer
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Chairman's €16m Shares Sale Impact
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ISS advises Hollysys Automation Technologies Ltd. shareholders to reject a $1.66 billion takeover proposal from Ascendent Capital Partners, citing insufficient price maximization efforts.
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How might the rejection of the offer affect the share price of Hollysys Automation Technologies Ltd.?
What factors might have influenced the concerns raised by other bidders?
What strategies could Hollysys Automation Technologies Ltd. employ to attract other bidders?
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