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Centaur Media Denies Takeover Discussions With Former Chief Executive

25th Sep 2013 08:38

LONDON (Alliance News) - Centaur Media PLC, a marketing and publishing company, Wednesday confirmed that it had not had discussions with Geoffrey Wilmot over a potential takeover offer for the company.

The former Centaur Media Chief Executive Officer, Wilmot, released an announcement yesterday stating that he was in preliminary discussions with Centaur over a potential offer. However, Centaur said in a statement today that Wilmot must either announce a firm intention to make an offer for Centaur or announce that he does not intend to make an offer by 17:00 on 22 October 2013.

Shares in Centaur were trading down 2.5% at 56.08 pence market open Wednesday.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.


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