Counter bid rumours hold Selfridges' price

May 2003
Cabinet Maker;5/30/2003, Issue 5340, p6
Trade Publication
Reports that the possibility of a counter-bid is holding Selfridges' shares above Galen Weston's agreed offer price. Increase of price to buy a share; Improvement of the position of shareholders by revision to the Takeover Code in 1990; Complaints of professional investors of the conflict of interest.


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