Berated Baltimore reveals future plan
The company, which has sold off all of its technology divisions and is essentially a cash shell, has faced renewed attack from Acquisitor Holdings, the corporate raider that owns 11.5% of its shares.
It has called for an extraordinary general meeting of shareholders to oust the five Baltimore directors and install its own candidates and has posed a series of questions to Baltimore about recent asset sales, its liabilities and its plans to increase shareholder value.
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