Harvey Nash Group Share Price (HVN)

Any idea why share price is above 130p offer and possible dividend of 1.75p ie 131.75p is there a hope of a higher offer?

MGR bought 12% of the company.

MGR just doubled their profit!

Under the terms of the Acquisition, each Harvey Nash Shareholder will be entitled to receive 130 pence in cash for each Harvey Nash Share (the "Harvey Nash Offer Price") and one interim dividend of up to 1.75 pence for each Harvey Nash Share which may be declared prior to the Effective Date (the "Interim Dividend"

MGR increased holding in June and saw thi coming. BUY MGR today IMHO

HARVEY NASH GROUP - RECOMMENDED CASH OFFER * INDEPENDENT HARVEY NASH DIRECTORS AND BOARD OF BIDCO ARE PLEASED TO ANNOUNCE THAT THEY HAVE REACHED AGREEMENT ON TERMS OF A RECOMMENDED CASH OFFER * UNDER TERMS OF ACQUISITION, EACH HARVEY NASH SHAREHOLDER WILL BE ENTITLED TO RECEIVE 130 PENCE IN CASH FOR EACH HARVEY NASH SHARE * OFFER PRICE VALUES ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HARVEY NASH AT APPROXIMATELY £98.7 MILLION * OFFER PRICE REPRESENTS A PREMIUM OF APPROXIMATELY: 91.9 PER CENT. TO CLOSING PRICE OF 67.8 PENCE PER SHARE ON 6 MARCH 2017

Breakout today, but can it get past 125p? Here's the chart: https://uk.tradingview.com/chart/HVN/7xbhj5VJ-Breakout-on-Harvey-Nash-but-still-has-125p-to-beat/