02-01-2015, 23:35
"However, BBC Scotland has learned that the move has prompted one large shareholder to lodge a complaint with the takeover commission.
He believes King is working in concert with the Park consortium in a bid to seize control.
Takeover panel rules dictate that, if a consortium crosses the 29.9% threshold, it must make an offer to buy the rest of the company.
Both parties together hold more than 34%, but King and Park are adamant they are separate groups. The takeover commission is yet to respond."
http://www.bbc.co.uk/sport/0/football/30661103
He believes King is working in concert with the Park consortium in a bid to seize control.
Takeover panel rules dictate that, if a consortium crosses the 29.9% threshold, it must make an offer to buy the rest of the company.
Both parties together hold more than 34%, but King and Park are adamant they are separate groups. The takeover commission is yet to respond."
http://www.bbc.co.uk/sport/0/football/30661103