CDI takeover speculation

[Paper Tiger]

brief articles in Stuff (http://www.stuff.co.nz/stuff/0,2106,3176906a13,00.html) and Herald (http://www.nzherald.co.nz/index.cfm?c_id=3&ObjectID=10009396)

Seems unlikely to me, don't CDL have a majority stake?

[Steve]

Given that a couple of people did have a look at the company last year, should it have been disclosed? When does a company have to disclose that it has been approached?