It IS not so much a takeover battle as a war of attrition.
与其说这是一场收购战,倒不如说是消耗战。
If there is a takeover battle, the aspiring purchasers must bid against each other, and the highest bidder pays his bid to the bank.
在兼并战役中,有抱负的玩家必须比别人出价高,出价最高者将他的标价付给银行。
An activist fund with a big shareholding in a company may find there are regulations barring the sale of its stake during a takeover battle, for example.
举例来说,最活跃的基金在公司中占据大份额的股权可能会发现规章制度阻止其在接收大战中的股份交易。
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