Employees should be given every opportunity to acquire a stake in the business for which they work.
The company had previously acquired a 50% stake in 2006.
The management acquired a 29% stake in 2004 and the offer was extended.
It was also not clear when, or over how long a period, the Bass group had acquired its stake.
Sony paid $75 million to acquire a 7.5 percent stake.
Although the total price was not disclosed, it acquired a 47.6 percent stake in the late 1980's for more than $140 million.
The Fund was initially set up to acquire a 40 percent stake for £20m million.
Kenneth acquired a 60% stake in the company after the death of his partner.
The two men have acquired an 11.9 percent stake in Justin, just over one million shares, at an average price of more than $14.
And Merrill sold back its right to acquire a 49 percent stake in the tower.