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Takeover tussle can put a rocket under Link

Link's surging share price following a fresh takeover bid is vindication for its board. But how much more value can it extract from its two suitors?

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Link Group chairman Michael Carapiet has got the Christmas present he wanted, and arguably deserved.

The fresh takeover bid that lobbed late on Monday night from US financial services tech giant SS&C Technologies is vindication of Carapiet’s decision to remain resolute in the face of an opportunistic bid from private equity duo Pacific Equity Partners and Carlyle.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/takeover-tussle-can-put-a-rocket-under-link-20201208-p56lkx