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In January 2021, Lord Lee requested that the Takeover Panel review its rules regarding the timing of when a company should disclose a takeover approach.
In January 2021, Lord Lee requested that the Takeover Panel review its rules regarding the timing of when a company should disclose a takeover approach. The Panel responded in its Statement 2021/14 that it had decided against changing the rules. Using concepts from the module and your own research, discuss whether or not the Panel was correct in its assertion that the regulation of this area was already appropriately balanced.
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