RE: Not long15 Mar 2024 00:05
Simply because the board (or at least some the main shareholders) are asking for way much more than Elliott, and maybe JD.com, are prepared to pay. In which case it would be time to move on for both.
None of us knows even knows whether it was just a semi-punt from JD.com and it may not even have spent any time on the matter, especially after the response to Elliott.