LONDON — Looking to avoid a potential takeover and the subsequent sale of assets, executives at Manganese Bronze Holdings plc, maker of the famous London Taxi, are planning to take the company private. Chief Executive Jamie Borwick and executives Ian Pickering and Barry Widdowson plan to offer shareholders £2.5 to £2.75 (US$4.07 to US$4.48) per share. Manganese executives feel the company's share price is undervalued, making it ripe for a buyout, which could lead to the sale of the ...
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