Morning papers - Tuesday 10 July

Professional Adviser
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Claims Direct, the ambulance-chasing compensation company, yesterday urged shareholders to reject a ...

Claims Direct, the ambulance-chasing compensation company, yesterday urged shareholders to reject a £19.4m takeover offer from a buyout team led by founder Tony Sullman. The company's independent directors David Hankinson and David Hickey advised investors to take no action regarding the 10p-a-share bid from former taxi driver Mr Sullman and Claims Direct's deputy chairman Colin Poole. Mr Sullman and Mr Poole, who netted £50m when Claims Direct floated last July, own 42.8pc of the shares and are bidding £11.1m for the remainder. The Daily Telegraph The break-up of AT&T descended...

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