Frank Posted September 2, 2005 Share Posted September 2, 2005 You have probably heard by now that Lion Nathan has announced a takeover bid for Coopers Brewery Ltd. Dr Tim Cooper, Managing Director and Head Brewer has asked me to convey to all Coopers Club members, home brewers and loyal beer drinkers that this is not a friendly takeover offer. The company has asked all shareholders to defer making a decision in regard to the offer at this time. As we had hoped the Supreme Court found in favour of Coopers Brewery today deeming that there has been a change in control of Lion Nathan that will allow Coopers shareholder to vote and amend the constitution to remove Lion Nathan\u2019s existing pre-emptive rights. However, this decision may yet be appealed by Lion Nathan and this does not mean that their offer will automatically become invalid or withdrawn. The Board of Coopers will meet shortly to consider Lion Nathan\u2019s offer, and will write to shareholders in due course. When this happens I will be in contact in writing with you to provide you with an update of what the Board has told shareholders. Cheers Frank Akers Customer Service & Coopers Club Coordinator Coopers Brewery 461 South Rd Regency Park SA 5010 Link to comment Share on other sites More sharing options...
c31410 Posted September 4, 2005 Share Posted September 4, 2005 Good luck to the board and may common sense prevail and Coopers remain family owned! Love the beers and everything about Coopers. Link to comment Share on other sites More sharing options...
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