More on Bramson15 Apr 2018 22:24
Barclays underestimates corporate raider Edward Bramson at its peril, a boss once ousted by the predator has warned.
Rodger Booth was pushed out his job as chairman of 4imprint in 2003 by Bramson.
A seller of promotional products to businesses such as pens and mugs with a company logo on, 4imprint was targeted by Bramson 15 years ago after falls in its share price.
Booth recalled how the New Yorker mounted his raid from an office with barely any furniture in London, rented solely for the purpose.
It led to a vote of shareholders at which Booth was kicked out and then replaced by Bramson, who appointed new managers and drew up a new strategy.
The firm is now worth more than 21 times what it was then. Bramson�s staff met Barclays� investor relations team after its annual results and asked questions about the business.
Sounds quite promising, lets hope he can actually double the share price where Mcfarlene has failed