Morrisons agrees to raised £6.7bn takeover offer from Fortress

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The new £6.7bn bid for the supermarket from Fortress comes amid rumours of a rival offer from another US firm. …

It said in a statement: “Morrisons directors believe that the increased Fortress offer is in the best interests of Morrisons shareholders as a whole, and accordingly unanimously recommend that Morrisons shareholders vote in favour of the resolutions required to implement the increased Fortress offer.”

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