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Mergers and acquisition 2. @ Wesfarmers Ltd (ASX Code: WES) recently made a $687m Takeover Bid for Australian Pharmaceutical Industries (ASX Code: API) and the

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Mergers and acquisition

2. @ Wesfarmers Ltd (ASX Code: WES) recently made a $687m Takeover Bid for Australian Pharmaceutical Industries (ASX Code: API) and the bid was rejected by the API board What tactic was Wesfarmers following in making this bid? Discuss the downsides to the tactic Wesfarmers was following (1 + 4 marks) (u) In your own words, discuss the key elements of Porter's Competitive Strategy Framework

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