IJR News — today's news from every side

IJR News — today's news from every side

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IDP Education Rejects Blackstone’s A$695 Million Bid — 11hIDP Education rejected Blackstone's A$2.50-per-share cash bid of about A$694.7 million as highly opportunistic and undervaluing the firm; shares rose 20.7% to A$2.16.

Priya Raman IDP should hold out for more than A$2.50 since the market clearly thinks the company is worth at least that much now.