Discover and read the best of Twitter Threads about #HostileTakeover

Most recents (2)

#NDTV says: Without any discussion with co or promoters, VCPL has served notice stating that it has exercised rights to acquire 99.5% control of RRPR Holding Private
, the promoter-owned Company that owns 29.18% of NDTV. #Adani
#NDTV says: The founders and the NDTV would like to make it clear that this exercise of rights by
VCPL was executed without any input from, conversation with, or consent of the NDTV founders,
who, like NDTV, have been made aware of this exercise of rights only today. #Adani
#NDTV's statment on #Adani's attempt to indirectly
acquire 29.18% stake in #NDTV and launch open offer signals a #HostileTakeover in making. Will NDTV promoters manage to fight and protect their interest, or would they be pushed out...only time will tell! #media
Read 4 tweets
Yesterday, @officialEFCC charged 2 staff of @NigBarAssoc with 14 counts of digital fraud in connection with rigging #NBADecides2018, which produced Mr. Paul Usoro as the President of the Association.

His tenure ends next month. It's a long story... THREAD
punchng.com/efcc-to-arraig…
Leadership elections in @NigBarAssoc were always scandalous. Until 2016, they elections were through delegates.

The delegates began to make money through the process & it became a big deal to be selected as one. Once you were one, you became rich

premiumtimesng.com/opinion/column…
By 2014, the process had become too expensive. In #NBADecides2014, "money spoke very loudly. By some estimates, @NigBarAssoc's 2014 elections were the 1st in which the campaign expenditure easily crossed the One billion Naira mark."

opinion.premiumtimesng.com/2014/07/22/loo…
Read 15 tweets

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