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Stratex International's Marcus Englebrecht to 'vigorously defend' Crusader merger

Marcus Englebrecht, chief executive of Stratex International plc (LON:STI) tells Proactive's Andrew Scott he plans to 'vigorously defend' the Crusader merger which was announced back in May.

Opposition to the deal has taken the official form of a valid requisition to hold a general meeting, the date of which will be announced shortly and the purpose of which is to vote Englebrecht off the board, stop his proposed transaction and appoint new directors.

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