"In the FTSE 250, FKI rose 1¾ to 75p, briefly touching 79½p. The past week has seen the engineer's shares rise on speculation that predator Melrose could soon launch an 85p-a-share offer for the group. Some bulls are also holding on to hopes that private equity group Blackstone will also enter the fray, and pitch a bid at as high as 95p a share."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/12/cxmktrep112.xml