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this consideration is composed of between 1.55 billion dollars and 1.66 billion dollars in perpetual shares and 757 million dollars penndale's shareholders will have about 47 of the combined group with up to three directors of the pendle board to be invited to join the perpetual board after the completion the street talk column of australia's financial review reported during the night that the joints of the two rival companies were in conversations during the night hoping to reach an agreement before perpetual delivered its results of the whole year perpetual launched an offer of script and share to acquire pendle in april but was rejected by the pendle board a week later but both companies confirmed that acquisition conversations had reopened at the end of july perpetual told its shareholders on thursday that the acquisition will obtain 60 million dollars in annual synergies before taxes during the first two years and will result in the accumulation of profits per share per share in...
