Narrow escape for Baltimore bosses

DIRECTORS of Baltimore Technologies face a tightrope act in the coming months after they survived controversial motions to unseat the board by the tightest of margins.

But major shareholder Acquisitor, which called for the board's removal at Thursday's extraordinary general meeting, is likely to renew its challenge to wrest control of the former computer security company after further increasing its stake in advance of a fresh assault.

The results of the votes, which were announced yesterday, were among the closest ever seen in Irish corporate history.