"TDG, the logistics group, rose 33¼p to 258¾p after it said that it was in talks with Laxey Partners, which owns a 22 per cent stake in the company, about a takeover at 275p. Douglas McNeill, Blue Oar’s transport analyst, said that the price was attractive, but added: “This approach may prompt a rival offer – and that may well be exactly what Laxey is trying to achieve."
http://business.timesonline.co.uk/tol/business/markets/article3449035.ece