Gaming group attempts to ease shareholder concerns after one suggests £2bn tie-up would be ‘wrong deal’
The board of Labrokes has defended its proposed £2bn merger with Gala Coral after shareholder Dermot Desmond had described it as a “wrong deal”.
Ladbrokes issued a statement to the London Stock Exchange on Thursday, urging shareholders to vote for the merger at a meeting on 24 November.
Related: Ladbrokes and Coral merger 'wrong deal', says Dermot Desmond
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/1OgRzca
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