By Steve Moore | Thursday 21 August 2014
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.
Provider of business supplies and outsourced business services, office2office plc (OFF) is recommending a 51p per share takeover offer – noting that it offers “shareholders an attractive premium of 84.6% to the closing price on 20 August 2014” and “97.1% to the average closing price of approximately 25.88p for the six month period ending on 20 August 2014”. With this offer in mind, I take a look at the company now that story has changed for longer-term shareholders.
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