CORRECT: Just Water founder Falkenstein makes takeover bid

Thu, 09 Oct 2014

(Clarifies 'Dirty Politics' claims in 5th graph) By Paul McBeth Oct. 9 (BusinessDesk) - Just Water's founder and majority shareholder Tony Falkenstein has made a full takeover bid for the water cooler and supplies group, trumping an indicative offer from an international buyer. Falkenstein, through his vehicle the Harvard Group, is offering shareholders 15 cents a share for the 29.3 percent of the firm he doesn't control, valuing Just Water at $13.42 million. His cash offer is a 36 percent premium to the last trading price of 11 cents,...

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