Perform Group To Reject Access Industries Offer (update)

Undervalues the company and its prospects, says directors

The board of independent directors of Perform Group PLC believe Access Industries' offer to buy the remainder of the Perform shares they do not already own at 260p each, "undervalues the company and its prospects" and has recommended that shareholders reject the offer (see previous InfoPowa reports).

The board said it will provide shareholders with its detailed views once Access Industries has issued a formal offer document but are clear they do not plan on accepting the final cash offer on their own 10 percent shareholding.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,446
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

See More Posts