Case studyActivism and governanceLetter located
An activist turns bidder when the public market has not worked
A take-private proposal is a complete case: the public record that failed, the price, the premium, the financing and the timetable, in that order.
Take-private analysis, premium questions, and private equity interviews on how a deal is proposed.
From Elliott Management's letter to the athenahealth board proposing a take-private (May 2018) · Jesse Cohn