Hartford extends deadline
10 September 2002 by News Guest
Bar and restaurant operator Hartford Group, which has agreed to buy London company Jamies Bars for £4.8m, has extended the deadline for shareholders to vote for or against the deal. Hartford needs shareholder approval representing 90% of Jamies' shares to allow it to go through with the acquisition of the AIM-listed company. So far, it has reached just 62.3%.
The group is urging shareholders that did not vote before 28 August to do so by a revised deadline of 11 September.
If successful, the deal will give Hartford 17 London bars. It currently owns three fine-dining restaurants, Pharmacy, Dakota and Canyon in London. It also owns the Common Room bar in Wimbledon Village, south London.
