GXL 0.00% $5.54 greencross limited

Article in a trade journal listing 2 Asian PE funds and a couple...

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    Article in a trade journal listing 2 Asian PE funds and a couple of Chinese pet food manufacturers. Supposedly all looking at Greencross.
    Greencross worth buying at 3.50 for the takeover upside.
    That aside, I thought there would be activity by now ?
    The problem with a low ball offer is the blocking stake held by the founders and board.
 
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