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Swan Hill - Business Sale
14/11/2003
Swan Hill, the builder of luxury homes, has received an all share offer from Raven Mount, a group supported by some of its shareholders seeking to oust the company's management, following underperformance. Glyn Hirsch, executive director at Raven Mount, has said " We are going to review the company, to review strategy and change it, and improve value for shareholders. We are not particularly looking for a buyer in the short-term, but it might be an option later on".
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