Article: U.S. tycoon removes obstacle to acquisition of Manchester United.

By Ian Lyall, Daily Mail, London Knight Ridder/Tribune Business News

Nov. 5--US tycoon Malcolm Glazer has removed one of the stumbling blocks that prevented him taking control at Manchester United.

He is offering John Magnier and JP McManus, the company's largest investors, a concession to get his hands on their 28.9 percent stake in the club.

Glazer, with 28.1 percent, has made a subtle but significant change of stance. He is now willing to hand over the 230 million pounds for their shares once he has studied the company's books.

Before the change of tack he insisted on getting 75 percent investor support for his deal before ...

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