PHTM

"Photo-Me International was flat at 16.25p after Serge Crasnianski, a leading shareholder who has retaken control after being forced out earlier this year, scrapped the dividend and wrote off much of the value of the firm's vending machines by reducing their estimated life expectancy. The talk is Mr Crasnianski will take the company private if the price is right."

http://business.timesonline.co.uk/tol/business/markets/article3724334.ece