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Just a quick update, Taverners have scrapped their takeover...

  1. 108 Posts.
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    Just a quick update, Taverners have scrapped their takeover proposal of AKR and are now looking at in in-specie distribution of all Oncard shares held.

    Off the top of my head I think this equates to approx 2.5 ONC for every AKR held.

    I imagine this will bring some sellers too the market in the short term. One would hope that it will also result in ONC providing a comprehensive update on the outlook for the company.

    Charlie.

 
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