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THE LONDON TIMES.

FLOTATION PROPOSAL "WITHDRAWN.

AMERICA OUTBIDS ENGLAND

United Press Association— Copyright (Received Feb. 19, 10.50 p.m.) LONDON, Feb. 19.

The Daily Chronicle states that owin'' to Mr. Moberley Bell’s opposi:iou, Mr. C. A. Pearson has withdrawn the arrangements made with she Times, but is still in negotiation with regard to the original proposal >f a contemplated with a capital of £850,000, owning and controlling the Times, Standard, and St. j imes’s Gazette, , T ■Tlie Dailv Express states that. All. r \ Pearson will be manager of the company at a salary of £IO,OOO. a rear -for 20 years, and Mr. Arthur Walter, chairmm. at £IOOO a vear, The Daily Graphic states that Air. Moberley Bell, on behalf of an American syndicate, including Mr. Hooper, Jackson, of the Times Book Club, outbids Air., Pearson. _

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19080220.2.39

Bibliographic details

Gisborne Times, Volume XXVI, Issue 2120, 20 February 1908, Page 3

Word Count
134

THE LONDON TIMES. Gisborne Times, Volume XXVI, Issue 2120, 20 February 1908, Page 3

THE LONDON TIMES. Gisborne Times, Volume XXVI, Issue 2120, 20 February 1908, Page 3

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