Investor slams ATG over ‘extreme shareholder value destruction’

An investor which has seen 11 takeover bids rebuffed by Auction Technology Group has slammed the London-listed firm over ‘extreme shareholder value destruction’. ATG rejected a series of “unsolicited, opportunistic and highly conditional” approaches from FitzWalter Capital Limited, its largest shareholder, about a possible cash offer for the shares it does not already own. The … Continue reading Investor slams ATG over ‘extreme shareholder value destruction’