Summary
NORTHERN Racing saw its shares tumble yesterday, after a takeover approach for the racecourse owner proved to be pounds 15m short of current valuations.
Staffordshire-based Northern said it was in exclusive talks with an unnamed bidder over a potential offer "at a price of no more than 200p per share".See the full content of this document
Extract
Racecourses Bid Falls Short of Expectations
The proposed price values the company, which owns nine racecourses including Chepstow, home of the Wels...
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