Saturday, 29 March 2014

Caroline Murphy Walks Away From Family Fortune

Caroline Murphy has walked away from the family firm after board members rejected her idea of turning it into a workers co-operative. The firm which was set up by her late father  in 1945 is said to be worth over 250 million pounds.
Ms Murphy, who inherited the company, which does everything from constructing tunnels, laying power cables and building homes is said to be prepared to sell her 40 million pound stake in the company to its workers.

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