Nigel Wray and Irving Scholar have won control of Nottingham Forest. Shareholders accepted a £19m bid from their consortium after rival Albert Scardino unexpectedly withdrew.
Shares in Carlisle Group, in which Wray has 13.44%, jumped 1.5p to 14p last night on speculation that it would be used as the takeover vehicle.
- Financial Times 25/02/97 page 22
- The Daily Telegraph 25/02/97 page 23
- The Times 25/02/97 page 44
- The Guardian 25/02/97 page 22
- The Independent 25/02/97 page 24
