"Vague bid talk was evident around Carphone Warehouse, which gained 8p to 251.5p. The rumours appeared late in the day and suggested that the group was about to be subject to a 400p-per-share bid next week."
http://www.independent.co.uk/news/business/sharewatch/market-report-jjb-jumps-on-fitnessclub-acquisition-talk-811880.html