As L&T Moves in, Mindtree’s Shareholders Should Hold Tight for Gains
Larsen & Toubro (L&T) is an engineering firm that has also spawned two software companies: L&T Infotech and L&T Technology Services. It is now the largest shareholder of Mindtree and is aiming to win its hostile takeover battle for Mindtree, a medium-sized software services company. Mindtree’s promoters are intending to fight L&T; but they may have too little ammunition and are, possibly, too...
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