Silver lining for Appen shares following takeover turmoil 
The past week has seen Appen Ltd (ASX: APX) shares be put through the wringer, stripped of a takeover bid. So, what's the silver lining?
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The past week has seen Appen Ltd (ASX: APX) shares be put through the wringer, stripped of a takeover bid. So, what's the silver lining?
Appen has still not received any communication from former suitor Telus International, which abruptly pulled its $1.2 billion unsolicited non-binding offer on Thursday afternoon.
Appen and its bankers at Barrenjoey are trying to squeeze a bump out of Canadian suitor TELUS International, before lifting the bonnet on a full course of due diligence.
Appen has been left high and dry by its Canadian suitor Telus International, less than 10 hours after the company announced $1.2 billion non-binding indicative bid.
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