Mad Butcher sale fair to Veritas shareholders, avoids 'more dire' consquences, adviser says

Mad Butcher sale fair to Veritas shareholders, avoids 'more dire' consquences, adviser says
Paul McBeth
By Paul McBeth Feb. 28 (BusinessDesk) - Veritas Investment's proposed sale of the Mad Butcher franchisor to chief executive Michael Morton for $8 million is fair to non-associated shareholders, avoiding "more dire" consequences if it doesn't go ahead, says the independent adviser on the transaction.  The company's shareholders will vote on the transaction at a special meeting in Auckland on March 16, and the food and beverage investor's independent directors unanimously recommended the deal, the notice of meeting said. Independent adviser...