Wednesday, June 15, 2005

Manchester United falls to Glazer

Malcolm Glazer has over 97.3% of the shares now. Reaching 97.6% will allow him to make a compulsory purchase order for the rest of them. Let's hope this doesn't work out as badly as most Manchester United fans fear. Glazer says he plans to delist Manchester United shares on June 22 or as soon after this date as possible. The name of his investment vehicle with which he performed the takeover was Red Football.

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