Mon, 07/07/2008 - 14:00
Peters Fraser & Dunlop parent company CSS Stellar's shareholders have approved the sale of the talent agency to Andrew Neil and two city financiers. The resolution to approve the sale by CSS of the entire issued share capital of PFD was put to shareholders at a general meeting held today (Monday, 7th July), where it was passed.
Thu, 19/06/2008 - 07:14
Caroline Michel is hoping to draw a line under the Peters, Fraser & Dunlop saga after convincing media mogul Andrew Neil to take over the agency. But Neill has vowed that the deal would not lead to a rapprochment with the United Agents.
Neil and two as-yet-unnamed City financiers this week agreed to buy PFD from parent group CSS...
Wed, 18/06/2008 - 07:47
CSS Stellar has agreed to sell its subsidiary talent agency Peters Fraser & Dunlop to PFDH, a newly formed company backed by a consortium of investors led by media mogul Andrew Neil.
The decision to dispose of PFD followed an operational review by the CSS board, in which it became clear that there were "no benefits to...
Fri, 01/02/2008 - 08:30
Two directors of CSS Stellar have snapped up £500,000 of shares in the group, sparking fresh speculation about the future of its embattled agency arm PFD.
On 18th January, CSS vice-chairman Julian Jakobi and director John Webber bought two million CSS shares at 25p each. A large tranche of the shares were aquired from Nicholas...
Tue, 08/01/2008 - 09:04
PFD owner CSS Stellar has disposed of its 75% holding in US brand design company GEM Minneapolis as part of its strategy to focus on core businesses. The disposal, which will bring CSS $1.8m, is a transfer to Studio One, the 25% minority shareholder in GEM Minneapolis, of GEM's net third-party assets, goodwill and trade marks.
Thu, 29/11/2007 - 13:13
CSS Stellar chairman David Buchler has set up a company called United Agents Group, a name almost identical to that chosen by the breakaway PFD agents for their new venture. Buchler's move is believed to be a spoiler tactic to further destabilise the agents, who quit PFD after he took control of parent group CSS Stellar in the summer....
Mon, 05/11/2007 - 07:49
David Buchler, chairman of PFD's parent CSS Stellar, has accused the rebel agents of "corporate robbery" after offering £4m for a business they had sold for £12m.
Buchler told The Times: "When I arrived at the company in August there had already been two offers for the business in the region of £8m....
Mon, 29/10/2007 - 08:32
CSS Stellar has fired 11 agents at Peters Fraser & Dunlop and launched an investigation into "apparent inconsistencies in the payment of commissions and bonuses to certain employees". In an update to shareholders, CSS also claimed that it was in "discussions with numerous established talent agents eager to join the firm....
Wed, 03/10/2007 - 08:22
The chairman of PFD's parent company CSS Stellar has insisted that the agency is facing no threat to its continued existence or profitability, despite the looming exodus of agents.
In a statement to shareholders as CSS announced its interim results, David Buchler acknowledged that the company had "gone through a difficult period...
Mon, 02/07/2007 - 08:30
The senior managers of the literary agency PFD have warned parent CSS Stellar that they will not support the sale of the firm to a third party, after claiming that the board failed to disclose details of an attempted £4m management buyout to shareholders. CSS is reported to be in negotiations over an £8m sale of the rights arm to...