centro investors back rejigged merger offer

Picked up a few today should see some real volume today once the result becomes common knowledge.
CNP was interesting to watch the big boys playing the points in that one.

Cheers
Hotlegs


Centro investors back rejigged merger offer

by: Sarah Danckert
From:The Australian
November 22, 201112:00AM

Eleventh-hour wrangling late last week to improve the terms offered to shareholders in Centro Retail in the company's $3 billion merger plans appears to have won over a number of retail investors in time for today's crucial vote on the deal.

Centro Retail shares rose 24 per cent to close at 31c on hopes that the chance of the deal going through had improved after the company altered the agreement late on Friday.