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LEX-EGERTONS MERGER

4th June 1954, Page 39
4th June 1954
Page 39
Page 39, 4th June 1954 — LEX-EGERTONS MERGER
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Which of the following most accurately describes the problem?

AS reported last week, Lex Garages. Ltd., and Egertons (Ipswich), Ltd., are amalgamating. Lex Garages are acquiring the whole of the ordinary shares of Egertons (Ipswich), Ltd. Mr. Justin C. Egerton told The Commercial Motor this week that the preference shares would remain the property of the present directors.

Mr. Egerton's father, who is now in his 81st year, founded Egertons (Ipswich), Ltd., in 1910.


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