More fight­ing words from Lew to Myer

The Daily Telegraph (Sydney) - - DT/TV -

RE­TAIL mag­nate Solomon Lew has main­tained his as­sault on Myer, telling its share­hold­ers their in­com­ing chair­man has lied to them.

In a let­ter to Myer share­hold­ers, Mr Lew said while he did not like hav­ing to use such lan­guage, there was no other way to de­scribe a num­ber of state­ments made by the depart­ment store chain’s chair­man-elect Garry Houn­sell.

“I don’t like to use such lan­guage, but there is no other way to say it ac­cu­rately — Mr Houn­sell has lied to you on sev­eral points,” Mr Lew (pic­tured) says in the let­ter. Mr Lew’s listed re­tail ve­hi­cle Pre­mier In­vest­ments is Myer’s big­gest share­holder. Pre­mier is op­pos­ing the ap­point­ment of Mr Houn­sell and two other Myer di­rec­tors and wants a num­ber of its di­rec­tors ap­pointed to the store’s board. A Myer spokesman branded Mr Lew’s let­ter “of­fen­sive”. “This is just more of the same from Mr Lew and we re­fute the of­fen­sive com­ments,” the spokesman said.

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