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Atkinson Offer

25th September 1970
Page 57
Page 57, 25th September 1970 — Atkinson Offer
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Which of the following most accurately describes the problem?

• The three-month-old battle for Atkinson Lorries has entered a new stage with the announcement that a fresh approach has been made by Fodens "which could lead to new and improved offers": Fodens' last bid, valuing each share at 9s 11(1, lapsed. Currently, Atkinson is awaiting formal documents of a third offer by ERF. British Leyland, which holds 27 per cent of Fodens' shares and 20 per cent of Atkinson's, has made no statement regarding its position in the struggle.

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