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Leek United Building Society
The Leek United Building Society is a building society based in Leek, Staffordshire, England. It is the 18th largest in the UK based on total assets of £735 million at 1 February 2011.〔(KPMG Building Societies Database 2008 )〕 The Society has 12 branches across Staffordshire. It is a member of the Building Societies Association.
==History==
The Society was established as the Leek United Permanent Benefit Building Society in 1863. In 1919, it changed its name to Leek United & Midlands Building Society, and then to Leek United Building Society in 1990. Unlike many of the other UK building societies, the Leek United has never grown through acquisition or merger.〔(Leek United BS - About us )〕
In 1999, Leek United was the target of a hostile takeover bid by an Edinburgh based financial group, Murray Financial Corporation, which tabled a £30.5 million bid for the Society.〔(BBC News-"Building society fights takeover bid" )〕 Although the Board rejected the offer, Murray Financial gained the approval of 100 of the Society's members to call a special general meeting to consider the bid. It was estimated that each of the Leek's 60,000 members could gain an £800 windfall from the sale of the Society. However the bid failed when the Society's members rejected the offer by an almost three to one ratio.〔(BBC News- "Building society rejects carpetbaggers" )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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