‘Particularly uninformative’: Vital shareholder questions Grant Samuel valuation report

‘Particularly uninformative’: Vital shareholder questions Grant Samuel valuation report
Vital has a national digital radio network. (Image: NZME)
Gregor Thompson
A shareholder of Vital says the independent valuation report commissioned for the takeover is “particularly uninformative”.  In June, Tait Communications, a Christchurch-based critical communications systems provider, made a formal offer to purchase NZX-listed Vital for 45c per share and 13c per employee option.That was followed last week by a Target Company Statement, which included a report from Grant Samuel & Associates. Matt Goodson, the managing director of Salt Funds Management, which owns 5% of Vital’s sha...

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