Quote:
Originally Posted by Kymmy
Not Hillards was it, they were a small northern chain that was bought out by tescos in the '80's
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I had shares in Hillards when Tesco took over after a hostile takeover bid in 1987. Eventually, after they obtained most of the company, the remaining shareholders like myself were forced to sell our shares to Tesco.
IIRC we got some cash and Tesco shares (which I still have to this day!)
The Hillards family resent this to this day and used the money for other business investments.
Some more info here:
http://www.hillards-trust.co.uk/4612.html