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Examples
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The fall in Arsenal's net debt from £297. 7m to £135. 6m in a single season has forced up the club's share price close to the £13,000 Bracewell-Smith wants for her stake, which she values at £128. 6m.
Is Stan Kroenke preparing for an Arsenal end game? Matt Scott 2010
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They were taken aback by the decision of Lady Bracewell-Smith to sell to Kroenke, particularly after she was ousted from the board of directors in 2008.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Kroenke's stake in Arsenal will rise from nearly 30 percent to nearly 63 percent after agreeing to buy shares from fellow directors, including Danny Fiszman and Nina Bracewell-Smith.
The Seattle Times 2011
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Having received commitments from Fiszman and Lady Bracewell-Smith, Kroenke is now obliged to bid for the remainder of the club's shares.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Had he succeeded with his late attempt to buy Lady Bracewell-Smith's stake, he would have had more than 43 per cent of the shares against Kroenke's total of almost 47 per cent.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Usmanov will now carefully study the wording of Lady Bracewell-Smith's commitment to Kroenke but is understood to be "livid" at the way club directors past and present have delivered control to his rival billionaire investor.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Bracewell-Smith, however, had already agreed a deal of £11,750 per share with Kroenke and decided to honour that commitment.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Telegraph Sport can confirm that, once Usmanov was informed that Lady Bracewell-Smith had agreed to sell her pivotal 15.9 per cent stake to Kroenke, he attempted to derail the deal with offers of £12,500 and then £13,000 per share.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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The shares of Lady Bracewell-Smith have been in her family for three generations and, in selling her 15.9 per cent stake on Monday, she spoke of her faith in Kroenke.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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That would have secured Lady Bracewell-Smith an extra £12.36 million and blown the
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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