Viglen too sweet for Sugar
PrintInvestors told to hold their nerve
Posted in Business, 13th November 1998 16:19 GMT
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It seems Alan Sugar's eye for a good deal may have backfired in his bid to gain full control of his PC firm Viglen. His stake in the company is now around 42 per cent after paying out 24p a share - a price at which he feels the company is undervalued. With such a recommendation, Viglen's remaining shareholders are being advised by investors to hang on to what they've got. ®
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