We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Sharp elbows

12 February 2007

The luxury hotelier s directors blessed a $3.8bn offer from its founder, Bill Gates and Prince Alwaleed. They will pay $82 per share. The offer initially looked fair. But the sector has traded up and Four Seasons hit $84 on Friday. The board should have held out for more.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)