In December 2017 the newspapers stated "Edwin Booth, 62, is the fifth generation Booth to run the firm, which was founded in 1847 in Blackpool by tea dealer Edwin Henry Booth. The current Edwin has asked investment bank Rothschild to gather potential takeover bids. His relatives still speak for 96 per cent of the shares, with the rest belonging to staff. They are thought to be seeking between £130m and £150m."
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