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BRIEF-Hornby says Phoenix UK cash offer significantly undervalues co
June 26, 2017 / 6:45 AM / 3 months ago

BRIEF-Hornby says Phoenix UK cash offer significantly undervalues co

June 26 (Reuters) - Hornby Plc:

* Says board considers that mandatory cash offer of 32.375 pence per Hornby share significantly undervalues Hornby and its future prospects

* Says shareholders are strongly advised to take no action for time being Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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