Nicholas Green, joint chief executive at Tangent Communications, has denied a report in the <i>Sunday Telegraph </i>that he and brother Tim Green almost lost their jobs after his companys audacious but failed takeover bid for St Ives.
He said: “We certainly did not nearly lose our jobs, but we were going to change our roles if the takeover had gone through.”
The report added that AIM-listed Tangent’s sales are expected to rise to around £17.5m in the year to February, while profits will be around £2.3m. Green refused to comment on the forecast.
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