Railtrack shareholders must themselves work out whether the deal now on the table is in their intere...
Railtrack shareholders must themselves work out whether the deal now on the table is in their interests according to Class Law, which has a number of shareholders on its books considering legal action. The comment came after hopes for a deal to sell Railtrack's assets to not-for-profit operator Network Rail and provide some capital return to Railtrack shareholders stumbled last night. Lawyers burning the midnight oil were unable to agree to the thorny issue of how to value the channel tunnel rail link being built and who will be responsible for that infrastructure in future. ...
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