The $300m offer was not accepted by the Directors , who hold 14m...

The $300m offer was not accepted by the Directors , who hold 14m shares themselves, believed that it was too low & they can do better.

We are told that it was agreed that the terms of the offer b wld. remain confidential.

Stock Analysis who have done a lot of work & analysis on AZZ & I suggest know a great deal more about the Company than any of us do, suggested before the offer was declined , that it was far too low & shoud be rejected.