"Rank, the struggling casino and bingo hall group, eased ¾ to 98¾p as JP Morgan warned that the shares could slump by 20pc unless a takeover bid materialises. Thankfully for Rank investors, Adam Cochrane, an analyst at JP Morgan, believes that the probability of an external party making an offer for the company is increasing, with Malaysia's Guoco the most likely bidder."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/13/cxmktrep113.xml
Wednesday, February 13, 2008
RNK
