By Steve Moore | Thursday 4 September 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Perform Group (PER) has announced that the independent members of its board of directors have concluded that the 260p per share announced “final cash offer” from its previous majority owner and current 42.5% shareholder “undervalues the company and its prospects” and that they will accordingly recommend shareholders reject it. So what now is the outlook for this stock?
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