Gareth Davis, chairman of William Hill, said: "This conditional proposal substantially undervalues
William Hill, is highly opportunistic and does not reflect the inherent value of the business."
In terms of the rejection of the offer, we do think the offer undervalues
the company, but we wouldn't say it significantly undervalues
Gareth Davis, chairman of William Hill, said: "This revised proposal continues to substantially undervalue
the company and the cash element of the proposal has not changed.
But SABMiller said the PS42.15 a share offer "still very substantially undervalues
SABMiller, its unique and unmatched footprint, and its standalone prospects".
Union officials have already said the offer "undervalues
" the workforce.
"The approach is unsolicited, wholly opportunistic and significantly undervalues
the group's businesses," he said.
My husband undervalues
my feelings by always taking sides with our son and daughter, saying they're at school and college so they shouldn't have to do regular chores at home.
MEG Energy announced its board of directors has unanimously determined that Husky Energy's unsolicited bid to acquire MEG significantly undervalues
the common shares of MEG and is not in the best interests of MEG or the holders of common shares.
The board has concluded that the proposal undervalues
Byrd believes Atmos' 5% discount to the gas utility group undervalues
its "best-in-class" growth outlook and attractive regulatory environment, he tells investors.
Chairman John von Spreckelsen said: ``This latest approach substantially undervalues
His valuation analysis suggests the current 1075p offer from 21st Century Fox (FOXA) "materially undervalues
" Sky and even Comcast's (CMCSA) indicative offer at 1250p "fractionally undervalues
" it, Peddy tells investors.