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Acquisitor dismisses Baltimore role change.
(From Irish Independent)
THE battle for control of Baltimore Technologies intensified yesterday after the former internet security provider said it was turning itself into an energy solutions supplier.
The company, to be given an as yet undecided new name, will help commercialbusinesses cut energy supply bills. The acquisition of a company in the same field is expected to boost resources.
But Baltimore shares, which once reached GBP137.50 on the London Stock Market, fellalmost 9pc, following the announcement, to 41p. And the change of track was dismissed by largest shareholder Acquisitor as unlikely to return shareholder value.
A statement for Bermuda-based Acquisitor accused Baltimore chairman Bijan Khezri ofpresiding over the destruction of ...
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