Under what circumstances is it acceptable for a board to junk a commitment to hold shares in escrow?
Despite the lack of easily recalled precedents, it's a live discussion within OptiComm, Paul Cross' newly floated junior telco, which is currently the subject of a hard-fought and drawn-out takeover battle.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
