The attempted hostile takeover bid of Mindtree by Larsen & Toubro is a "grave threat" and "value destructive" to the organisation collectively built over 20 years, the promoters said pledging to "unconditionally oppose" the hostile takeover attempt.
from Times of India https://timesofindia.indiatimes.com/business/india-business/mindtree-promoters-vow-to-oppose-hostile-takeover-bid-by-lt-dub-it-grave-threat-to-company/articleshow/68476395.cms
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