Wednesday, March 19, 2008

NSAM

"The bulls said that at these levels, New Star Asset Management could become a takeover target although its suggested predator - F&C Asset Management - is tied up itself as Friends Provident has put its 52pc stake in the company up for sale. Other dealers suggested that perhaps Henderson Group might make a new home for the business. New Star recovered 6¼ to 89¾p"

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/19/cxmktrep119.xml