Waterstone's takeover given go-ahead by shareholders

Written By: Graeme Neill Publication Date: Thu, 23/06/2011 - 16:00 HMV Group shareholders have overwhelmingly approved the sale of Waterstone's to Alexander Mamut, clearing the way for the bookseller to become independent. In a vote held today at its general meeting, 99.96% of shareholders approved Mamut's A&NN Group taking over the business for £53m. The transaction is expected to be formally completed on 28th June. James Daunt will now be installed as managing director and is expected to take up his new position on 2nd July. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-06-23 00:00:00 UTC ]
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Telegraph takeover: UK planning new laws to prevent foreign states owning assets

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Telegraph and Spectator takeover: News Corp and Mail owner consider bids

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Ashley Furniture Pulled Out All The Sofas For Its Super Bowl Restaurant Takeover

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Katherine Min was ahead of her time. Four years after her death, her second novel proves it

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Pearson’s biggest shareholder says it should leave London and relist in US

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For the cold and short days ahead, check out these 24 hot new books published today.

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