First Philipine Holding's Corp will decide today if they will accept the offer of Henry Sy Jr.'s TriRatna Corporation to acquire the company's 13.4% stake in Meralco at Php300 per share, for a sum of Php44.8Bn.
There are rumors that FPH will only sell 9% of their stake in Meralco. With PLDT tag along rights they should sell 4.5% of their MER holdings . So who will win the Battle of the Titans?
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