Aston Villa rejects takeover bid

ASTON Villa Plc, the soccer club ranked eighth in the English Premiership, rejected a takeover bid from sports financier Ray Ranson.

Aston Villa rejects takeover bid
Fri, 26 Mar, 2004 - 00:00
Rebecca Barr

The offer "significantly undervalues Aston Villa", the Birmingham-based company said in a statement.

The stock gained 9.5 pence, or 4.1%, to a three-year high 242 pence as of 10:30am in London, giving the company a market value of stg£27.6 million (€39.7m).

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CourtsPlace: BirminghamPlace: LondonPlace: EnglandPlace: RussiaPerson: Ray RansonPerson: RansonPerson: Robbie KeanePerson: Mark VidukaPerson: Roman AbramovichPerson: Malcolm GlazerPerson: Doug EllisPerson: EllisOrganisation: Aston VillaOrganisation: Aston Villa PlcOrganisation: Benfield Group LtdOrganisation: Leeds UnitedOrganisation: Rio FerdinandOrganisation: Newcastle UnitedOrganisation: Birmingham CityOrganisation: Manchester CityOrganisation: ChelseaOrganisation: Tampa Bay BuccaneersOrganisation: Manchester UnitedOrganisation: VillaOrganisation: Bloomberg
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