Rat and Mouse
Fri
13
Apr
An end to the Coutrywide saga?

Just in, this from ForexTV:

Shareholders in UK property agency Countrywide PLC have approved an improved offer from US private equity firm Apollo, ending the long-running takeover saga.

At an EGM this morning, shareholders gave the green light to Apollo's improved offer of 530 pence in cash and 0.16487 Rightmove PLC shares per Countrywide share, tabled yesterday after Countrywide received a tentative approach from a third party, believed to be private equity firm 3i.

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