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Article: HMV has ownership or acceptances for 63.95% of Ottakar's.(HMV Group Plc)(Brief Article)
- Article from:
- M2 Best Books
- Article date:
- October 11, 2005
CopyrightCOPYRIGHT 2005 M2 Communications 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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M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD
Valid acceptances have reportedly been received by UK-based retailer HMV Group Plc for 53.95% of the shares in Ottakar's Plc, a UK bookseller.
HMV, the owner of the Waterstone's book chain, offered GBP4.40 per share or a total of some GBP96.4m in September this year to take over the group, in a rival bid to one already made ...