Scrutineer: Green's Loose Cannon Lacks Any Sign of Accurate Sighting
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Summary
IF THIS is a sighting shot, Philip Green's bid approach for Marks & Spencer has obviously not used a telescopic sight. It more resembles a fairly loose handgun.
The low level of the phantom "offer" seems to have handed even more of the initiative back to M&S, which had already seemed more redoubtable from the time Stuart Rose came on board as chief executive on Monday and his predecessor Roger Holmes and chairman Luc Vandevelde hit the exit.See the full content of this document
Extract
Scrutineer: Green's Loose Cannon Lacks Any Sign of Accurate Sighting
There was bullishness not far short of brusqueness about Rose's comments yesterday, as the retailing doctor and losing defender of companies such as Argos and Arcadia (to Green) - but with better offer prices achi...
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