Brightside's Holman mystified by Markerstudy's stance
Brightside chief executive Martyn Holman has described Markerstudy's comments about the broker's capacity flows as "frankly a bit strange".
Sister title Post has reported that Holman expressed confusion about the stance taken by Markerstudy following its failed bid to buy the broker.
Earlier this week, Brightside rejected Markerstudy's revised offer as "fundamentally" undervaluing the broker after it cut the value of its bid to £100m from an original £123m.
At the time Markerstudy flagged Brightside's recent trading statement about underwriting capacity restricting growth of new online policy sales and the group's performance.
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