Insurance Post

Brightside dismisses Markerstudy offer

Martyn Holman

Brightside directors have said they see no need in proceeding with offer discussions with Markerstudy after the Gibraltar-based motor insurer reduced its offer by at least 5p per share.

On 6 September Markerstudy informed Brightside’s board that any offer would be below the indicative offer price of 27p and would likely be in the range of 20-22p per share.

Markerstudy has requested

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