"GCap Media, Britain's largest commercial radio group, added 7.25p to 191.5p after this week's strategy review. Privately owned rival Global Radio, headed by Charles Allen, recently had a 190p-a-share offer rejected, and yesterday reserved its right to increase its offer, or indeed walk away. Analysts at Cazenove said: "We see a new offer from Global Radio as relatively likely at or before the March 5 deadline and would encourage investors to accept a potential offer around the 190p level.""
http://www.guardian.co.uk/business/2008/feb/13/marketforces
Wednesday, February 13, 2008
GCAP
