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Marston’s cash call vote hits trouble
06.07.09
Almost one in 10 Marston's shareholders voted against the pubs group's £176 million cash call today.
The Pedigree bitter brewer is planning to use the funds to build up to 70 new pubs.
But many investors opposed the rights issue at an extraordinary general meeting in Wolverhampton, believing that the expansion plans will not boost earnings in the short run.
