Page 109 - CL How to Read a Case Study
P. 109

Update


























               15 September

               Tom,


               Just an update following our meeting on the Continental

               situation. Our refusal to stock their products on anything other

               than what we see as fair commercial terms looks as though its
               forced them to change their position. It appears, as we feared

               they would, that they have now increased their September 10%

               shareholding to 13.13%. We have to assume that they are on

               track for a full takeover bid for the company.
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