The unaccustomed wielding of latent shareholder power threatens to derail Alan Sugar’s proposed buyout of Amstrad Plc and now institutional shareholders are brandishing the big stick at unsettled accounting software specialist Pegasus Group Plc: the company replaced its broker, S G Warburg, with Henderson Crosthwaite over the weekend after institutions demanded that ousted chief executive […]
The unaccustomed wielding of latent shareholder power threatens to derail Alan Sugar’s proposed buyout of Amstrad Plc and now institutional shareholders are brandishing the big stick at unsettled accounting software specialist Pegasus Group Plc: the company replaced its broker, S G Warburg, with Henderson Crosthwaite over the weekend after institutions demanded that ousted chief executive Jonathan Hubbard-Ford be reinstated and that non-executive chairman Derek Moon and two other directors hand in their keys to the executive washroom.
