Bateman Litwin - settlement of Delta-T Litigation gets a massive 5 lines
The announcement simply confirmed that the terms of the settlement are confidential and that the Bateman Litwin shares held by the Swains will be returned to the Company – that’s it!
Having paid a massive US$45m in cash and 11.8m in shares for Delta-T back in August 2007 and subsequently had to take an operating charge of US$8.5m and Goodwill impairment of U$8.3m all we get is a few lines and a return of 11.8m…
Previous article Next article