Thursday, Jun 26, 2008
B&B: Breakfast not included?
FT: B&B faces flak from investors over Cowdery
Angry shareholders on Thursday bombarded Bradford & Bingley with calls to express their concern that the bank had refused to open the books to Clive Cowdery, the financial entrepreneur who wants to carry out due diligence for a deal.
Resolution, the company owned by Mr Cowdery, on Thursday claimed that 40 per cent of all institutional investors on B&B’s register were demanding that the bank’s board open its books to Resolution.
Posted by stevie dee @ 10:39 PM (230 views) Add Comment
1 Comment
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1. Mr Plumbase said...
Perhaps the BoE has a few quid in this crock? 30 year rule and all that.