by Mark Sweney on (#6JQ88)
The electrical goods retailer says Elliott significantly undervalued' the businessCurrys has rejected a takeover bid from US investment group Elliott saying it significantly undervalued the electrical goods retailer.Elliott tabled a 700m bid for Currys - at 62p a share a 32% premium to its latest share price - with the investment group. Currys was valued at 533m at the close of trading on the London stock market on Friday. Continue reading...