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Article: Hugh Osmond threatens to sue Goldman.
- Article from:
- Financial News
- Article date:
- March 2, 2003
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Copyright informationCOPYRIGHT 2003 Financial News Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Rothnie and Margareta Pagano
Hugh Osmond, the pizza-to-pub entrepreneur, is threatening to take legal action against Goldman Sachs and prevent it from advising any other party in the potential takeover battle for Six Continents.The threat comes as Osmond plans to announce his pound sterling7bn ([euro]10.3bn) bid for the pubs-to-hotels group through his vehicle, Capital Management and Investment (CMI), early this week. Osmond and his advisers want the return of all documents relating to the potential bid.
Richard Campbell Breeden, managing director at Goldman, had "talks about talks" over a three-week period with Osmond. When the talks broke ...
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