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Chorion - Shares move over management offer price

March 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • COR
  • Price:
  • 445p
The shares surged after the company, which owns the Noddy, Mr Men, Agatha Christie and Famous Five brand, reported it was on the receiving end of a bid for the third time in as many years. This time it is the management, backed by 3i, which is making an offer worth 425p a share or £108.4m. The shares stand higher than the offer price. Another bid likely; await developments. ...

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