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M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD
The majority of UK publishers are reportedly opposed to the takeover of Ottakar's by HMV, the owner of the chain of HMV music stores and the Waterstone's bookshops. The music chain trumped a rival bid made by the management team at Ottakar's, making it the favourite to take over the book chain with a bid of GBP4.40 per share.
According to Publishing News, the Publishers' Association is currently gathering the views of its members before making a formal submission to the Office of Fair Trading (OFT) in time for the …
Source: HighBeam Research, Concerns expressed to OFT over Ottakar's takeover bid.(Office of Fair...