Bermuda-based investment vehicle Acquisitor Holdings has further increased its stake in former computer security company Baltimore Technologies.

Bermuda-based investment vehicle Acquisitor Holdings has increased its stake in former computer security company Baltimore Technologies.

Bermuda-based investment vehicle Acquisitor Holdings has again increased its stake in former computer security company Baltimore Technologies.

BALTIMORE Technologies will pay shareholders a stg£10 million special dividend in a bid to fend off a rebel investor getting control of the company.

THE under siege directors of Baltimore Technologies delivered another €3 million in cash for its divided shareholders yesterday when the former computer security company sold a non-trading subsidiary with tax advantages.

Baltimore Technologies Investments Ltd (BTIL) has been sold by parent company Baltimore Technologies for £2m (€3m).

BALTIMORE Technologies, is facing a third attempt by its largest investor, Acquisitor Holdings, to oust the board and install new directors.

Acquisitor Holdings has tabled a new resolution to remove the Baltimore Technologies board.

Acquisitor Holdings, the largest shareholder in Baltimore Technologies, has bought another 70,000 ordinary shares in the company, a spokesman for Acquisitor said.

Baltimore Technologies shareholders voted against the resolutions to remove chairman Bijan Khezri and the entire new board, but by very narrow majorities.

ACQUISITOR Holdings, the largest investor in Baltimore Technologies, is demanding substantial damages from the company over claims of libel and defamation.

Bermuda-based Acquisitor Holdings has increased its stake again in the former online payments firm Baltimore Technologies to 15.35%.

THE bitter fighting between Baltimore Technologies and its largest shareholder continued yesterday with a lengthy letter posted to investors ahead of a crunch meeting next month.

The largest shareholder in Baltimore Technologies, Acquisitor Holdings, has increased its holding to 13.56% after buying a further 130,000 shares.

Baltimore Technologies said today that the Extraordinary General Meeting requested by its largest shareholder, Acquisitor Holdings, is to be held on 6 May.

THE internet security firm Baltimore Technologies has announced plans to turn itself into an energy company into a bid to boost its share price.

Baltimore Technologies PLC have announced plans for a board re-shuffle and unveiled a new strategy to deliver clean energy solutions to business.

BALTIMORE Technologies will today announce plans to reinvigorate the company in the face of further criticism from its largest shareholder.

The Iseq finished down 0.83 points today to close at 5173.87.

Former Irish tech group Baltimore has come under fire from shareholders represented by Acquisitor Holdings who demand answers on "accounting issues".

Bermuda-based Acquisitor Holdings has said it has acquired a further 655,000 shares in Baltimore Technologies and now holds a 11.4% stake.

A struggle has broken out for control of Baltimore Technologies, the former £5.2bn (€7.7bn) dotcom success, after its biggest shareholder, Acquisitor Holdings, said it plans to call an extraordinary meeting at which it intends to seek the removal of the entire Baltimore board.

ACQUISITOR Holdings, the offshore investment vehicle backed by restaurant entrepreneur Luke Johnson has upped its stake in Baltimore Technologies.

Investment fund Acquisitor Holdings has again increased its stake in Baltimore Technologies to over 8%.

BALTIMORE Technologies may be put into liquidation as early as next March.