… as MEPC goes unconditional

4 August 2000

Leconport Estates, the bid vehicle, has received acceptances from 77% of MEPC's shareholders, which gives it control of the company. But, unless it receives acceptances for 90%, it will not have full control; there will still be minority shareholders. With over 90% acceptances, Leconport can compulsorily buy the remaining shares, ...

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