"Pendragon, the struggling car retailer, eased 1¾ to 34½p ahead of annual results next week. The shares have been buoyed by rumours of bid interest in recent weeks but analysts are sceptical. Robert Brent of KBC Peel Hunt said he was not convinced by the takeover talk "given Pendragon's weakening asset base and trading performance".
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/14/cxmktrep114.xml
Thursday, February 14, 2008
PDG
