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Article: Argos takes up battle stations as GUS moves in with improved offer.
- Article from:
- The Birmingham Post (England)
- Article date:
- April 9, 1998
CopyrightCOPYRIGHT 1998 Birmingham Post & Mail 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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Great Universal Stores moved in for the kill yesterday in its long-running battle to take over catalogue retailer Argos.
GUS chairman Lord Wolfson grudgingly upped his offer from 570p to 650p per share in a move most City analysts expect will clinch the deal.
But Argos's board ...
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Article: GUS raises hostile bid for Argos to 1.9bn pounds
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April 9, 1998 ;
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... ... new offer failed. Lord Wolfson, GUS's chairman ... cent - said: "Argos shareholders have ... executive director of Argos for eight years ... But yesterday Lord Wolfson said: "In its attempt to persuade Argos shareholders to ...
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