Decent proposal

November 2006
Travel Weekly Australia;11/3/2006, p2
Trade Publication
The article reports on the proposal of Flight Centre Ltd. (FCL) to offer $17.20 a share to its minority shareholders. This proposition came from a private equity consortium comprising Private Equity Partners Inc. and FCL founders Graham Turner, Geoff Harris, Bill James, Jim Goldburg and Chris Grieve. Under the recommendation, founders will receive $14.00 per share and will exchange the remainder of their shares in the company for shares in the bid company.


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