"Entertainment Rights firmed 0.16 to 8.26p after it emerged that Ashby Manor - believed to be a vehicle of racehorse owner Trevor Hemmings - lifted its stake to 17pc on Friday. On Monday, the company confirmed it was in bid talks."
http://www.telegraph.co.uk/money/main.jhtml;?xml=/money/2008/01/24/cxmktrep124.xml