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Woolly cash conundrum faces Bremworth shareholders

4 min read

Agitated shareholders at Bremworth aren’t a new phenomenon, but the formal call from a group of the carpetmaker’s owners to spill the board has drawn a new line in the sand for its 2,600 investors.

At stake is who will lead the carpetmaker’s strategic review and determine what to do with the $42 million sitting in Bremworth’s bank account, having secured its final insurance payment from C...


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