Source: Letter written to RBI by AT-1 Bond Holders of Yes Bank
Note: This letter by V G Siddhartha to the Board of Directors of Coffee Day Enterprises Ltd is doing the rounds on social media and on TV. This has not been verified.
Source: Poor Investor’s Almanack
I think this country needs more hostile takeovers not less.
If the Founders want to retain control of Mindtree, they should up the ante and make a better offer to the shareholders.
This saga reminds me of one of my favourite movie clips: