Blacks Leisure Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9137918 09/01/2012
GROWTH COMPANY
http://bit.ly/AsXTaf By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9137918&action=detail Mon, 09 Jan 2012 17:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9137665 9th January 2012
By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9137665&action=detail Mon, 09 Jan 2012 16:37:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9131433 Mike Ashley missed out in the final round of bidding for Blacks Leisure.
The Scotsman
Saturday 7 January 2012
http://bit.ly/waqo81 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9131433&action=detail Sat, 07 Jan 2012 13:02:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9131166 JAMES THOMPSON SATURDAY 07 JANUARY 2012
http://ind.pn/AyYlMQ
James Moore: Blacks was let down by past management
JAMES MOORE SATURDAY 07 JANUARY 2012
http://ind.pn/y5Gzt3 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9131166&action=detail Sat, 07 Jan 2012 10:58:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9129872 LONDON | Fri Jan 6, 2012 5:07pm GMT
(Reuters) - Retailer JD Sports Fashion is close to sealing a deal to buy Blacks Leisure after the outdoor goods group goes into administration, according to a source familiar with the situation.
http://reut.rs/yiVk6m
By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9129872&action=detail Fri, 06 Jan 2012 17:57:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9127452 January 06. at 10:54 am
http://bit.ly/A835sx By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9127452&action=detail Fri, 06 Jan 2012 11:05:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9127326 06/01/2012
GROWTH COMPANY
http://bit.ly/AmLK9j By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9127326&action=detail Fri, 06 Jan 2012 10:44:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9126391 7:59 am by Ian Lyall
http://bit.ly/zQAlBH By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9126391&action=detail Fri, 06 Jan 2012 08:11:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9126379
Commiserations to all holders. By Duck and Dive ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9126379&action=detail Fri, 06 Jan 2012 08:08:00 GMT Duck and Dive tag:iii.co.uk,2003:tst.9126229
On 23 December 2011, the Company announced that a number of parties had submitted indicative offers to acquire the whole or substantially all of the trade, assets and brands of the Group.

Since that date, the Company and its advisers have continued to hold discussions with a number of selected parties who have now submitted their final offers, which include offers to acquire substantially all of the trade, assets and brands of the Group. Based on the level of final offers received and as previously foreshadowed in the announcement on 23 December 2011, no value will be attributable to the Company's ordinary shares.
By illbetabuck ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9126229&action=detail Fri, 06 Jan 2012 07:09:00 GMT illbetabuck tag:iii.co.uk,2003:tst.9125925 http://www.guardian.co.uk/business/2012/jan/05/peter-jones-blacks-leisure-sale?newsfeed=true By Duck and Dive ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9125925&action=detail Thu, 05 Jan 2012 22:47:00 GMT Duck and Dive tag:iii.co.uk,2003:tst.9125781 ‘Dragon’ Jones joins race for Blacks
Entrepreneur seeks control of struggling retailer
http://on.ft.com/ytkiDv By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9125781&action=detail Thu, 05 Jan 2012 21:48:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9124751 http://blogs.news.sky.com/kleinman/Post:c4167036-abd1-4887-a56e-4c793e313bd0 By Duck and Dive ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9124751&action=detail Thu, 05 Jan 2012 16:26:00 GMT Duck and Dive tag:iii.co.uk,2003:tst.9124715 I have learned that Jones tabled an offer for the Blacks and Millets outdoor leisure chains ahead of a deadline today.
Jones is one of a quartet of bidders vying for control of the company’s assets, and faces stiff competition from Sports Direct, the group controlled by Mike Ashley, the owner of Newcastle United FC, and JD Sports, the rival retail group.
I’m told that KPMG, which is running the auction process, may select a preferred bidder as early as today.
The sale of the chains may take place through a process known as a pre-pack administration, through which companies enter a formal insolvency procedure but quickly emerge under new, pre-arranged ownership.
Blacks Leisure, which has about 300 shops and employs 3500 people, is among a pack of retailers struggling to survive in the face of tough economic headwinds. Last month it warned that it was unlikely to attract an offer that attributed any value to the company’s shares:
“On 7 December 2011, the Board of Blacks Leisure announced that it wished to invite offers to support further investment in the Group, which was most likely to involve a sale of the Company or a sale of one or more of the Group's brands.
Following that announcement, a number of parties have submitted indicative offers to acquire the whole or substantially all of the trade, assets and brands of the Group. However, the Board notes that it does not have and does not now expect to receive an offer for the shares of Blacks Leisure. Accordingly the Takeover Panel has confirmed that the Company is now out of an offer period.
Blacks Leisure continues to hold discussions with a number of selected parties with a view to concluding the sale process in January 2012. Based on the level of indicative offers received, it is most unlikely that any value will be attributable to the ordinary shares.
The Group continues to be in constructive discussions with its lender, Bank of Scotland plc, who is supportive of the ongoing sale process.”
Sports Direct, which is already a shareholder in Blacks Leisure, is seen by most City analysts as the frontrunner to acquire the two chains.
Blacks Leisure and Jones both declined to comment. By struttt ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9124715&action=detail Thu, 05 Jan 2012 16:20:00 GMT struttt tag:iii.co.uk,2003:tst.9124099
http://online.wsj.com/article/BT-CO-20120104-706552.html By Duck and Dive ]]> http://www.iii.co.uk/investment/detail?code=cotn:BSLA.L&display=discussion&id=9124099&action=detail Thu, 05 Jan 2012 14:20:00 GMT Duck and Dive