TAKEOVER BID FOR ODHAMS
Directors Advise Refusal
(IV ZP A. -Reuter—Copyright) LONDON. Feb. 8.
The board of directors of the £4O million Odhams Press Group said tonight they were advising the shareholders against accepting a £32 million takeover bid from the "Daily Mirror” group.
The statement was issued after the board had met under the chairmanship of Sir Christopher Chancellor. A full statement of the reasons would be posted to shareholders tomorrow, the statement said.
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Bibliographic details
Press, Volume C, Issue 29435, 10 February 1961, Page 3
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75TAKEOVER BID FOR ODHAMS Press, Volume C, Issue 29435, 10 February 1961, Page 3
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