Kip McGrath board rejects Crimson’s $48m takeover offer, Beaton notes shareholder support

Kip McGrath board rejects Crimson’s $48m takeover offer, Beaton notes shareholder support

PremiumHome / BusinessNZ Herald1 Sep, 2026 08:23 PM3 mins to readCrimson co-founder and chief executive Jamie Beaton.Crimson co-founder and chief executive Jamie Beaton.Crimson chief executive Jamie Beaton is pushing back after Kip McGrath’s board said it unanimously rejected his firm’s A73c per share takeover offer, and called on shareholders to snub it, too. “A significant proportion of Kip McGrath’s register has already either indicated an intention to accept Crimson’s offer or transacted AdvertisementAdvertise with NZME.

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