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Watford FC confirms takeover discussions

By Pete Hayman    07 Dec 2010

Watford Leisure, the parent company of Watford Football Club (WFC), has confirmed that it could be subject to a takeover bid.

In a statement to the London Stock Exchange, the company said that majority shareholder Lord Ashcroft was in the early stages of talks with a potential buyer for his shares. If an offer is made for Lord Ashcroft's stake in the npower Championship club, it would trigger a full takeover offer for the company.

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Company profile: ABC Fitness
ABC Fitness is the #1 software provider for fitness businesses of any size, all around the world. Supporting 30K clubs, 650K coaches, 40M members, and processing more than $12B in payments every year, ABC Fitness provides scalable, data-driven solutions to simplify club management and engage members and clients.
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