Laird Investors Seek Higher Cooper Offer, Sunday Times Reports

Laird Plc (LRD) investors said a bid of 210 pence ($3.36) a share would enable Cooper Industries Plc (CBE) to gain access to its books, the Sunday Times reported, citing unidentified shareholders.

An offer in the range of 220 pence to 240 pence may enable Cooper to take control of Laird, the London-based newspaper cited the shareholders as saying.

To contact the reporter on this story: Ben Martin in London at bmartin38@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.