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Little old Betaville suggested the gloves may be off in the fight between Headlam Group's chairman and the company's largest shareholder and now the latter appears to have thrown a decent jab.
The gloves are well and truly off!
It sounds like the war of words between Headlam Group, the London-listed floor covering distributor, and its largest shareholder First Seagull is going to get really punchy.
Headlam Group has this morning confirmed little old Betaville's alert published over the weekend about the move by the company's shareholders to oust the chairman of the group.
One of the largest investors in Headlam Group, the London-listed flooring products distributor, has launched a campaign to oust the company's chairman and several other board directors.
An activist investor has built a stake in Headlam Group, the London-listed carpet, tiles and flooring company.