Pub group Marston’s rejects Platinum Equity’s 666 million pound buyout offer By Reuters
(Reuters) - British pub operator Marston's on Monday rejected a 665.8 million pound ($909.88 million) takeover proposal from Platinum Equity Advisors, saying the offer "very significantly undervalues" the company. The offer of 105 pence per share represents a premium of around 40% to the closing price of the company's stock on Thursday, a day before Marston's publicly confirmed the approach. But Marston's,...
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