Escher Group - 185p per share recommended offer, a “substantial premium”… Really?!
Escher Group (ESCH) has announced a 185p per share recommended offer, with Chairman Nick Winks emphasising “this cash offer with its substantial premium is a good outcome for our shareholders - given the uncertainty inherent in our customers' spending patterns and traditional one-off licence based business model, as well as the need to invest further in the business”.. Wait a minute though Nick, the shares were over 300p in 2014 and over 200p as recently as October! And...


