Summary
ANDREW and Walter Malcolm are rolling to victory with their controversial - pounds69.8m management buy-out bid to take haulier Malcolm Group back into family hands - revealing yesterday they had now won significant majority support.
Powerful private shareholders and one major institution had protested that the 105p-ashare cash bid was low.See the full content of this document
Extract
Malcolm Brothers On Route to Buying Back Haulage Firm
However, announcing shareholders owning 62.71% of Malcolm Group had accepted the offer by the second closing date yesterday, the Malcolm brothers'...
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