Law firms looking into DSV acquisition

Several law firms have launched inquiries into whether the board of US-based UTI Worldwide approved a too low bid from DSV.

Did the board of US-based logistics company UTI Worldwide agree to sell their shares to Danish logistics group DSV at a too low price? Several law firms have not launched inquiries into this fact, according to Reuters.

DSV has bid USD 7.10 per share, however the small size of the bid has provoked questions from several law firms.

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