By Steve Moore | Friday 31 October 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.
Earlier this month I reviewed an announcement from restaurant group Prezzo (PRZ) “that it has received preliminary proposals from Advent International plc and TPG Capital LLP in relation to a possible offer” but that “indications are that any offer is unlikely to be at a premium to the share price at the close of business on 1 October 2014 of 135p”. The following updates on further developments.
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