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0 0 -0.000176880252069256 -0.000176880252069256 0.00432007530901585 0.00282109012198755 0.00432007530901585 0.00581906049604436
Stock impact report

UPDATE 1-Investor adviser Glass Lewis urges Booker investors to oppose Tesco deal [Reuters]

Artisan Partners Asset Management Inc. Class A (APAM) 
Last artisan partners asset management inc. class a earnings: 4/29 04:01 pm Check Earnings Report
US:NYSE Investor Relations: apam.com
Company Research Source: Reuters
Investor adviser Glass Lewis urges Booker investors to oppose Tesco deal | Reuters 2 Min Read LONDON (Reuters) - Investor advisory firm Glass Lewis has urged shareholders in British wholesaler Booker Group ( BOK.L ) to reject a takeover by retailer Tesco ( TSCO.L ), dealing a fresh blow to the proposed 3.7 billion-pound ($5.2 billion) deal. The premium offered by Tesco’s shares-and-cash bid “clearly lags regional trends,” and Booker shareholders should vote against the deal at a meeting on Feb. 28 called to approve it, Glass Lewis told clients in a report on Tuesday. “We see little cause for Booker investors to support what appears to be a less than compelling control transaction,” the advisory firm concluded. Opposition to the takeover by Britain’s biggest retailer has mounted this month ahead of the vote by Booker investors, in which the backing of 75 percent of the wholesaler’s shareholders is needed for the deal to proceed. Advisory firm Institutional Shareholder Services last Show less Read more
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