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)uple bid take no tction'

4th September 1970, Page 43
4th September 1970
Page 43
Page 43, 4th September 1970 — )uple bid take no tction'
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Which of the following most accurately describes the problem?

Shareholders of Duple Motor Bodies Ltd :re advised at the weekend to take no action th respect to a bid by Capitarium Ltd gain control of the company (CM August ).

In a letter to all ordinary shareholders, r J. 0. R. Darby, Duple chairman, advised am that the board had asked Robert eming and Co Ltd, merchant bankers, advise on the offer made by Capitarium for air ordinary shares in the company. They :re "strongly advised" to take no action 161 Mr Darby wrote to them again before e closing date of the offer.

One of the men believed to be behind the Fer is Mr Frank B. Ford, ex Plaxtons, who ade a bid to establish a manufacturing plant this country to build Flxible buses, under licence from the Flxible company of merica (CM January 12 1968).