Next 15 swoops in to agree surprise £310m takeover deal for M&C Saatchi
Deal comes days after M&C Saatchi directors rejected rival offer from Vin Murria's AdvancedAdvT.
Source: campaignlive.co.uk
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Next Fifteen gatecrashes Murria's takeover battle for M&C Saatchi
Next Fifteen's offer is 'far superior' to Murria's latest bid this week, M&C Saatchi's chairman Gareth Davis said, and 'in the best interests' of shareholders.
Source: thisismoney.co.uk
SMALL CAP MOVERS: M&C Saatchi; Kinovo; oil explorers
The AIM All Share was on a roller coaster trajectory to its benchmark, the FTSE 100, as it ended a quite turbulent five trading days little changed.
Source: thisismoney.co.uk
M&C Saatchi accepts £310m takeover by Next Fifteen
Ad agency agrees deal after rejecting four offers by deputy chair Vin Murria’s investment vehicle
Source: theguardian.com
MAGGIE PAGANO: Enjoy the ride at M&C Saatchi after Vin Murria's bid
What is astonishing is that news of Next Fifteen's interest had not leaked before the bid as bosses of the two groups have been in deep talks for months.
Source: thisismoney.co.uk