Bruck offer study
NZPA Sydney The Australian Shareholders Association has commissioned the Sydney patent and trade mark attorneys. Spruson and Ferguson, to independently evaluate the price offered for certain Tootal. Ltd. trademarks by Bruck (Australia). Ltd. In a letter released to the Sydney Stock Exchange, the association said it had asked the attorneys whether the price of sAustl3.s million for the trademarks was justified on commercial grounds. The association also asked Spruson and Ferguson to examine the basis of the original valuation by Messrs Marks and Clerk.’ of Manchester. The move came after the refusal of the New South Wales Supreme Court to order that documents prepared by the Hill Samuel merchant banking group and the accounting firm of Price Waterhouse be placed before Bradmill Industries. Ltd. shareholders at Monday’s extraordinary meeting. Bradmill shareholders were asked to approve Bruck as Bradmill’s major, shareholder instead of the Tootal group, from the United Kingdom.
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Press, 17 March 1982, Page 29
Word Count
152Bruck offer study Press, 17 March 1982, Page 29
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