OM Group today reaffirmed its bid for the London Stock Exchange and criticised LSE chairman Don Cruickshank for what it called a &quotseriously misleading statement&quot.

OM claimed that at yesterday's extraordinary general meeting, at which 33% of shareholders voted against the OM bid, Cruickshank said that any bidder needs the support of 75% of LSE shareholders to be successful. OM pointed out that by law the bidder needs 75% of those present and voting, not of the entire shareholder base.

Piers Townsend

London Stock Exchange

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OM maintains war of words with LSE

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