N/A (Japanese M&A regulatory guidelines; Alps Alpine cited as precedent) · page 2 of 6
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Audience Definition slide · 70%
The old 20-page MBO guidelines simply suggested - just in a page or two - the target company listen to the opinion of independent directors or a third-party committee.
Governance critique slide · 70%Special committees play a key role in the new guidelines [in resolving the problem of conflict of interest and information asymmetry].
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