"Alliance & Leicester jumped 45 to 600p amid continuing hopes that it will become a takeover target for bigger rivals such as Lloyds TSB. A&L has now surged by 25pc since last Thursday, with the recovery driven by hedge funds closing their short positions."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/27/cxmktrep127.xml
Wednesday, February 27, 2008
AL.
