Mindtree strikes conciliatory note, agrees to reach a 'middle ground' over L&T bid

In a change of stance since it waged a war against the hostile takeover bid by Larsen & Toubro (L&T), the management of Mindtree has sounded a conciliatory note, expressing willingness to sit on the negotiation table with the engineering major. In his first interaction after Tuesday's board meeting, Mindtree Co-founder and Executive Chairman Krishnakumar Natarajan indicated that a “middle ground” could certainly be explored through mutual discussions between the two parties to protect the interests of all stakeholders of the IT firm.