It's emotion versus 'logic' in the L&T-Mindtree takeover battle

The tussle is expected to stretch out as Mindtree looks unwilling to cede control

While Mindtree and Larsen & Toubro (L&T) continue to battle it out in what is being described as a hostile takeover attempt, different stakeholders seem to be divided on what the deal would mean for the two companies.

The old guard of company executives sees this as an emotional issue, largely agreeing with the Mindtree promoters’ line, but roots for an agreeable solution.

“There is a difference between being a founder and an employee. Founders have a right to be able to have a say in which way the company goes. We don’t know the situation in which the founders