Yell shareholders call for management action

Mon Jun 16 2008, 14:09 PM

Shareholders at UK's Yell Group have called for the firm's management to take "decisive action" to combat its declining share price and high debt, reports The Times. Analysts and institutional shareholders have reportedly expressed concern over the company's position, despite Yell's claims that its cash flow is strong and it has the full backing of its leading shareholders.

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