Re: GKN to pay PF - "Pot calling the kettle black Lupo, for someone with NO Melrose shares you spend a lot of time trying to get Melrose holders to sell saying the shares will be worthless if the GKN deal doesnt go through.Take your own advice. Keep out. "Firstly, I have never said that MRO shares would be "worthless if the GKN deal doesnt go through."Secondly, you alone have posted on the GKN board 17 times in the past week, compared to my 4 times on the MRO board.You continue to warp statements and facts to suit your own thinking - a road to disaster.I rest my case.
Times A second top shareholder in GKN is prepared to back Melroses hostile takeover of the FTSE 100 engineering group, leaving its future on a knife-edge.Shareholders and customers of GKN are split as an increasingly bitter, three-month bid battle enters its closing stages.The top 25 investor in GKN, which asked not to be named, said yesterday that it was currently more favourably disposed to Melrose, but we are very much waiting to see what will happen in the next two weeks.The institutional investor added that it believed GKN had lost credibility by entering into a panicked deal to sell its Driveline automotive business to Dana, an American rival.
Re: GKN to pay Pot calling the kettle black Lupo, for someone with NO Melrose shares you spend a lot of time trying to get Melrose holders to sell saying the shares will be worthless if the GKN deal doesnt go through.Take your own advice. Keep out.
Re: GKN to pay Guys, if you want to continue trying to justify your belief in the hostile bid, why don't you do it on your own board? Certainly update us on verified news that might concern GKN investors, but this is getting ridiculous. What's the point, we've all had our say, at least all who like posting, and you're not going to change our point of view with conspiracy theories about Airbus' motives, for example.
Re: GKN to pay sound money,And those backing GKN will be a bit like voting Labour? God forbid!Cheers, RAC
Re: GKN to pay Those backing Melrose will be a bit like voting Conservative. No one admits it.M
Re: GKN to pay £82 million fees Lancaster investment are backing GKN as the better deal for their 1% holding in GKN, they believe that GKN present plan will provide a better return than Melrose.
GKN to pay £82 million fees See FT article Backing GKN management ....Plus £54 million break fee if they lose.Good value???
Re: airbus Sound money, Ive dealt with trade/business a bit and IMHO they are pretty lazy, gullible and only use the bits that suit them.
Re: Sharecast News Couple of percent would do it. Mind you, the big investors are playing the uncertainty which they love and vote at the last minute.
Re: Sharecast News "Analysis of the shareholder register concludes that 49.59% of the GKN register "is currently motivated to tender to Melrose", and 50.41% are unclear. With Dana management in London to sweet-talk investors, "it would appear there is much left to play for here"."If that's true it's a done deal. So what's he saying 50% committed. How much of the undecideds need to come across, not many.M
Re: airbus Pike,May be something in that. The timing was let's say opportune .Of course it's total nonsense. It may have got the press going but in the real world money talks and this was just attention seeking.M
airbus This stinks. Turns out this guy and the chairman of GKN are old mates. In the same way the acquirer cannot do a Sharesupport operation the acquiree shouldn't be allowed to do this. The GKN shareholders are being screwed over royally by their own board.
Re: Dana down again today Its all a matter of timing. Tesco hit a bad patch after accounting scandal, managed to jump in at£1.45, it has now recovered. I feel the same applies to GKN and thats a good reason why Melrose is now jumping in.
Re: Dana down again today What do GKN shareholders expect? GKN had fallen to 295p and then along came Father Christmas Melrose causing the SP to peak to 450p. The GKN turkeys should have voted for Christmas. GKN is a company in decline, badly managed and owned shareholders who look a gift horse in the mouth.A strong sell.Cheers, RAC