Abano recommends investors reject increased Healthcare offer, refuses access to books

Thu, 16 Feb 2017

By Tina Morrison Feb. 17 (BusinessDesk) - Abano Healthcare recommended investors continue to reject a partial takeover bid for the medical investor after Healthcare Partners raised its offer price yesterday. Abano also refused to allow access to its books to pave the way for a potential full takeover offer. Healthcare Partners, whose shareholders include Anya and Peter Hutson and James Reeves, yesterday increased its partial takeover offer by 16 cents per share to $10.16 per share, although Abano's recent 16 cent dividend payment would be...

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