"Merchant bank Close Brothers crumbled 91 to 659p after takeover talks collapsed. In November, Close Brothers rejected a 950p-a-share bid proposal from Cenkos Securities and Landsbanki. Robin Savage, an analyst at KBC Peel Hunt, said: "Longer term we expect the [Close] board to return capital to shareholders and make disposals.""
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/01/cxmktrep101.xml
Saturday, March 1, 2008
CBG
