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Wednesday, July 12, 2023 4:53:03 PM
There was NEVER a White Knight in NWBO history:
NWBO never received a Bona Fide offer PERIOD.
NEOPHYTE:
Ever hear of a "white knight"? You are about too.
Yes... I have. We had one in Neil Woodford. Perhaps there's another soon to pop up? :)by Sentiment
What Is a White Knight?
A white knight is a hostile takeover defense whereby a 'friendly' individual or company acquires a corporation at fair consideration when it is on the verge of being taken over by an 'unfriendly' bidder or acquirer. The unfriendly bidder is generally known as the "black knight."
See also: White knight (business)
The term "white knight" is used in modern-day parlance to mean any kind of savior,although it is also specifically used in a business context to describe a person or corporation that saves another company from a hostile takeover and acquires its assets
PLUS How does anyone ever call Neil Woodford a “ White Knight”
In March 2019, after two years of poor performance during which fund assets contracted by more than £5 billion, the Sunday Times carried out an investigation into the fund. It found the fund held less than 20% of assets in companies compared to over 50% when it was created, and over 20% of assets were in small companies. On 4 June 2019 trading in Woodford Investment Management’s largest fund (the Woodford Equity Income fund) was suspended. There had been large withdrawals of funds by many investors. Following this, terminated Woodford's contract to manage three of its funds, valued at £3.5 billion. The has launched a formal investigation into the suspension. A Woodford spokesperson said: “We can confirm we have been contacted by the FCA, regarding its investigation relating to the events that led to the suspension … and will be co-operating fully with its investigation.”
On 15 October 2019 the fund board announced that Woodford's flagship fund, Woodford Equity Income Fund, was to be shut down and Woodford had been removed as investment manager. The following day Woodford announced he would resign from his remaining investment funds and close his investment company in an orderly fashion.
On 3 June 2022, a case was filed against the fund's administrators Link Fund Solutions, claiming that they failed to properly supervise the investments.
https://en.wikipedia.org/wiki/Neil_Woodford#Early_life
What Is a White Knight?
A white knight is a hostile takeover defense whereby a 'friendly' individual or company acquires a corporation at fair consideration when it is on the verge of being taken over by an 'unfriendly' bidder or acquirer. The unfriendly bidder is generally known as the "black knight."
https://money.usnews.com/investing/term/white-knight
When Neil Woodford orchestrated his supposed Coup de Gras with his ILL fated Ondra Affair in the hopes of having CEO Linda Powers surrender all of NWBO’s Intellectual Properties that was just the BEGINNINGS of Neil Woodford’s WATERLOO from $19 Billion in Assets managed to $3billion in 5 years in the biggest bull market.
That SAME PERVERSITY NWBO faced: guilt by association..that too few realized for too many years AFTER!
ScoreS of post authored underscoring!
The above also applies to the gross misreading for yearS on 1st lawsuit filed against NWBO by UCSF respiratory nurse.
It was really filed for who was backing UCSF with a $250 mln donation by Sean Parker a billionaire co founder of Facebook for an INDUSTRY FIRST by UCSF
The TECHNOLOGY NETWORKING & COLLABORATION of Oncology EXPERTS of 8 Prominent
USA Cancer Centers.
The above portrays some of the NWBO KEY underpinnings since 2014!
DIFFERENT STROKES for DIFFERENT FOLKS
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