The Three Bears Consortium headed by Douglas Park, today became the largest single-shareholders in Rangers International Football Club (The company) and are still looking to underwrite the share issue in January. If successful in underwriting the share issue, The Three Bears will take their shareholding over 30% triggering a take-over, by stock exchange rules. Meaning the Three Bears will effectively own Rangers, by January.
Posted on: Wed, 31 Dec 2014 18:08:04 +0000
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