Mothercare has rejected two takeover proposals from US firm Destination Maternity, which value the mother and baby products retailer at £266m. - BBC News
Mothercare seems to be struggling at the moment, with some store closures and hoping to return to profit in 2015. I suppose this is another high street retailer that has struggled with online competition.
Although it's nice to see a company reject a foreign takeover, I wonder what the shareholders think?
