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| Smugglers - staying in British ownership |
AN American firm has abandoned its plans to take over pubs-and-brewing chain Marston which has three hostelries in Cleethorpes.
Platinum Equity twice upped its offer for the Wolverhampton-based company, but the board rejected it as "significantly undervaluing" the company.
Even though its pubs are closed during lockdown, Marston chiefs think the company will enjoy a strong post-pandemic bounce.
The trio of Cleethorpes pubs are: Smugglers, Trawlerman and The Pear Tree.
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