Correction: Case Group Plc has modified a couple of statements in its defence document against the Gandalf Technologies Inc bid, and now says that gearing of the combined companies would be 75% rather than the 95% figure in its document; it also stresses that while it wants shareholders to look to future rather than historic figures when considering the price-earnings multiple implied by the Gandalf bid, it is not making a profit forecast; arguments in the Case defence document were summarised in CI No 955.
