Former SA cricketer McMillan in court action over shares Main Book
"Over a period of six weeks, (CBA's directors) ousted [Brian McMillan] and took over the business," McMillan's advocate, Richard Goodman, said as the civil suit started in the high court yesterday. Yesterday, Goodman told the court McMillan had entered into an association with CB...
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Published in | Cape times (South Africa) |
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Main Author | |
Format | Newspaper Article |
Language | English |
Published |
Cape Town
Independent Online (South Africa)
28.05.2009
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Subjects | |
Online Access | Get full text |
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Summary: | "Over a period of six weeks, (CBA's directors) ousted [Brian McMillan] and took over the business," McMillan's advocate, Richard Goodman, said as the civil suit started in the high court yesterday. Yesterday, Goodman told the court McMillan had entered into an association with CBA after he had identified Tygerberg Minolta as a "business for acquisition". He could not afford to buy the business alone, and so entered into an agreement whereby CBA would buy 70 percent of shares in the business. |
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