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Nov 30, 1998

In the heat of the battle

IR war stories

As any war veteran will tell you, the heat of battle can be a confusing, messy affair, where best laid plans lie in tatters and one small change in fortunes can lead to full retreat. Bid wars and proxy fights can, figuratively speaking at least, be much the same - bloody, muddy and high in casualties. They too demand clarity of thought and a commander's iron will if there is to be triumph in the face of a hostile bid. There have been numerous scenarios in recent years where a counter bid

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