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Liontrust pushes back GAM offer deadline as it fights to finish takeover
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Liontrust has given shareholders an extra three days to accept its takeover offer for GAM as it looks to force through a deal against continued opposition from some vocal critics.
The UK manager tabled a £96m bid for its Swiss peer back in May. However, a shareholder group known as NewGAMe has urged others not to accept the deal, announcing on 18 July an offer to buy part of the business itself.
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Read more on fnlondon.comAbout this in other media
Liontrust extends deadline on GAM takeover again fnlondon.com /9 months ago
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'Infuriated' GAM investor group hits back at Liontrust in emotional open letter to shareholders investmentweek.co.uk /9 months ago
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