A George Kerr-led takeover offer for Pyne Gould Corporation could go down like a warm cup of sick for many minority shareholders who poured money into the company in 2009.
Mr Kerr and US hedge Fund Baker Street yesterday announced an all cash 33c-a-share bid for the old Christchurch firm.
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Duncan Bridgeman
Tue, 11 Oct 2011
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PGC takeover offer considered cheap
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