|
Blue Sky against Lowe offer
|
Another north-south battle has begun in the meat industry.
Directors of Southland's Blue Sky Meats yesterday recommended
shareholders reject a takeover bid from Lowe Corporation, of Hawkes
Bay.
The unlisted Blue Sky's plant at Morton Mains made a profit of
$4.5 million on sales of $95.5m in its latest full year.
Lowe, whose background is in hides and skins, is offering 450c a
share, compared with the 413-451c valuation range of independent
adviser Polson Higgs & Co. The adviser...
Related newspaper, magazine, and journal articles from HighBeam Research
|
|
Panel bars Lowe bid for Blue Sky Meats
The Press
; The Takeovers Panel has blocked the bid by Lowe Corporation, of Hawkes Bay, for Blue Sky Meats (NZ), of Southland. The restraint is pending a private meeting of the panel on Monday to discuss the bid. The panel said the offer may not comply with the Takeovers Code because it offers the biggest
|
|
|
Takeover Panel cloud over Blue Sky offer
The Press
; A deal between the firm bidding for control of Blue Sky Meats NZ and Blue Sky's biggest shareholder is at the heart of the Takeover Panel's interest in the bid. The panel has frozen the offer until it discusses it at a private meeting. Hawkes Bay's Lowe Corporation, whose background is in hides and
|
|
|
Ruling clears Lowe's bid; Blue Sky take-over resumes
The Press
; Lowe Corporation can go ahead with its take-over offer for Southland-based Blue Sky Meats. The Takeovers Panel ruled yesterday, after meeting the parties on Monday, that a payment Lowe is planning to make to Blue Sky Meats shareholder Horizon Meats NZ does not amount to additional consideration to
|
|
PANEL TO AUDIT PROJECT BLUE SKY SPENDING WHAT DID THE TOWN OF SOUTHERN SHORES GET IN RETURN FOR SPENDING MORE THAN $262,000?(LOCAL)
The Virginian Pilot
; Byline: LANE DeGREGORY, STAFF WRITER SOUTHERN SHORES -- Why did this small Outer Banks beach town pay more than $262,000 to bail out a program on improving home construction techniques? What did Southern Shores taxpayers get for their money? And did Project Blue Sky accomplish the goals state and
|
|
Pleasant dining under a Blue Sky
The Pantagraph Bloomington, IL
; Blue Sky Restaurant Address: 904 W. Custer Ave., Pontiac Phone: (815) 844-3155 Hours: 5 a.m.-9 p.m. Sunday-Thursday; open 24 hours Friday- Saturday Prices: Most meals $4.99-$5.99; steaks $12.99 Other details: Handicapped accessible; smoking and non-smoking sections; reservations accepted for large
|
