Victory in Dfs Bid Battle has Kirkham Sitting Pretty ; Market Report

Summary


THEY came, they saw, and they voted for Kirkham. And so ended one of the stranger bid battles of recent months as Lord Kirkham won his fight to take furniture maker DFS private for Pounds 507 million.

The end came at an EGM held in Doncaster, the town where Kirkham started DFS 35 years ago.

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Extract


Victory in Dfs Bid Battle has Kirkham Sitting Pretty ; Market Report

Despite discontent in some quarters over the amount at which his bid valued the company, just under 80% of shareholders voted to accept the 455p-a-sha...

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