- Revolution Bars has rejected a revised merger proposal made by Deltic Group, claiming that it's inferior to a rival offer by Stonegate.

"The board reiterates that it encourages Deltic to make a cash offer for Revolution rather than continuing to focus on its merger proposal," Revolution Bars said.

The board has recommended that shareholders accept Stonegate's offer of 203p per share at a vote scheduled for October 17.

At 9:50am: [LON:RBG] Revolution Bars Group Plc share price was -0.75p at 210.25p

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