Thursday, March 6, 2008

ISAT

"Satellite provider Inmarsat added 8 to 492p on speculation that Harbinger Capital, the US hedge fund that has built a 28pc stake, was eyeing a takeover. Harbinger has stakes in a number of US satellite businesses and some traders suggested that it could look to merge them into one group."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/06/cxmktrep106.xml