By Steve Moore | Tuesday 23 August 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A 240p per share offer for provider of in-flight products and catering services to the airline industry, Journey Group (JNY) has been recommended to shareholders, with director of the offeror (a company of Harwood Capital LLP), Christopher Mills, emphasising its proposal “provides Journey shareholders with a sizeable premium over the value of their shares as well as affording them the ability to elect to retain an interest in the business should they wish to do so”. Let’s take a look…
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