McCarthy & Stone bid hits £10.75 a share

Aug. 1, 2006
Fierce bidding for control of McCarthy & Stone is continuing, as the firm’s valuation hit £10.75 a share, following the latest offer tabled by the Broomco consortium, comprising the Reuben brothers, Sir Tom Hunter’s West Coast Capital and the Bank of Scotland. The bid ups Broomco's previous £10.30 a share offer, which was matched last week by the original bidder, …

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