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Wyser-Pratte complains

Monday 05 June 1995 18:02 EDT
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Wyser-Pratte complains

Wyser-Pratte, a US investor in Northern Electric, has complained to the Stock Exchange over last week's shareholder meeting which failed to allow a new bid by Trafalgar House to proceed - a move that would have been against the wishes of the board. Wyser-Pratte is concerned that some institutions appear to have changed their minds at the last minute to support Northern's position.

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