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Smart Takeover.

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  • 18-10-2006 12:14pm
    #1
    Gadgetman496
    Registered Users Posts: 8,395 ✭✭✭


    Des Carrick is planning to oppose the sale of Smart.

    The Irish Times reports that Smart Telecom shareholder Des Carrick is planning to oppose the sale of the company to Brendan Murtagh,
    its biggest backer, and says he has the support of the holders of 12 million shares, or just over 3 percent of the company.
    Shareholders will be asked to vote on the proposal at an extraordinary general meeting on 31 October.

    As Reported on ENN today.

    "Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."



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    #2
    Gadgetman496
    Registered Users Posts: 8,395 ✭✭✭Gadgetman496


    A group of creditors claiming to be owed monies by Smart Telecom has been established to "ensure that all outstanding creditors of the telecommunications company Smart Telecom are dealt with in a proper and responsible fashion". Chaired by business advisor Martin Ferris, the Smart Creditors Action Group (SCAG) issued a statement on Wednesday setting out their goals. The group said it will "act akin to a Creditors Committee of Inspection in a Liquidation situation" to monitor the actions taken by Smart's directors and management.

    -

    "Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."



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