Thursday, March 20, 2008

SHB

"On the FTSE 250, property company Shaftesbury was up by 0.98 per cent or 5.50p to 566p. Following weekend news reports that activist investor Laxey Partners, acting for its AIM-listed Terra Catalyst Fund, had assumed control of an almost 12 per cent stake in the company, market speculation suggested that a bid was in offing."

http://www.independent.co.uk/news/business/sharewatch/market-report-yell-falls-on-fears-over-its-banking-covenants-798422.html