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Expert Analysis

Event-Driven Investors Don't Always Vote 'Yes'

Law360, New York (May 31, 2013, 10:01 AM EDT) -- In recent months, two major M&A transactions, MetroPCS/T-Mobile and Plains Exploration/Freeport McMoRan, were on the verge of being voted down by target company shareholders when the acquiror saved the deal by raising the value of its bid. What made these situations extraordinary was the absence of any competing offer....

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