"Shire, Britain's third largest pharmaceutical group, ticked up 15p to £10.15 on vague rumours that there was a £14-a-share bid in the pipeline. While volumes were brisk, traders said that with directors buying shares during yesterday's session, it was very unlikely that the company had been approached at this stage."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/27/cxmktrep127.xml