Summary
NEWCASTLE United owner Mike Ashley appears to have hit attempts to build investor confidence over ailing Sports Direct by cancelling a crunch meeting with its shareholders.
The billionaire tycoon blamed the postponement of the meeting, which was due to take place next week at the sportswear company's headquarters, on his recent acquisition of US boxing goods company Everlast, which he claims has created a "considerable additional and immediate workload".See the full content of this document
Extract
Ashley Cancels Crunch Meeting ; in Association with Rbs
Investment management company Merrill Lynch confirmed that Mr Ashley has gone against ...
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