March 28 (Reuters) - Lepidico Ltd LPD.AX :
* Refers to takeover offer by Lithium Australia NL offering one (1) Lithium Australia share for every 13.25 Lepidico Ltd shares
* "Independent directors are of unanimous view that Lithium Australia offer is inadequate and should be rejected by Lepidico shareholders"
* "Directors believe that a combination of Lepidico and Lithium Australia makes no strategic sense"
* "Lepidico shareholders should not hand control of their company to a new management team with no clear strategy" Source text for Eikon: ID:nASX2MWDYL Further company coverage: LIT.AX