“The Records of the Bezeq Transaction: Those Opposed and Those in Favor”

The discussions on Bezeq’s Board of Directors about the Bezeq-Yes Transaction may shed light on the conduct of the directors at the Company and provide an answer to the question of whether they have indeed acted to maximize the profits of the Company’s Controlling Shareholder, Shaul Elovitch, in the framework of the Transaction. The record, published exclusively here, indicates that the members of the Board of Directors acted in contravention of the opinion of the Merrill Lynch investment bank, and in contrast to the positions of the financial professionals at the company.

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