Go Compare dismisses unsolicited takeover bid by Zoopla owner ZPG

Go Compare has rejected out of hand an unsolicited bud by ZPG, owner of Zoopla and USwitch, to buy the price comparison tool outright after its board voted ‘unanimously and unequivocally’ to reject the bid.
The latest offer was received by Go Compare on 8 November, proposing an acquisition of the web portal for a consideration of 110p per Go Compare share in a combination of cash and shares.
Sir Peter Wood, Go Compare chairman, remarked: “ZPG’s proposal is highly opportun