"There are also suggestions that Tim Martin, the JD Wetherspoon founder, may be tempted to launch a buyout of his pub group. Blue Oar Securities calculates that he could fund a bid at about 365p out of cashflow. Wether-spoon ended the day up 15½p at 308p."
http://business.timesonline.co.uk/tol/business/markets/article3234983.ece