Boohoo has written to shareholders urging them to consider the “true motivation” behind Frasers’ behaviour as they prepare to vote for Mike Ashley’s resolutions at a general meeting tomorrow.
Boohoo said in the statement that its board rejects the “strong-arm tactics used to pursue Frasers’ demands to date” and it didn’t accept Frasers’ proposal to that Ashley or Lennon were suitable independent candidates for appointment to the board.
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