From The Times
October 18, 2007
Traders fuel Stagecoach takeover rumours
Stagecoach was yesterday the subject of takeover rumours among traders, sending the group’s shares up 6.84 per cent. The stock rose a surprise 16¾p to 261¾p and was the fifth-biggest FTSE 250 riser, as traders said that there was talk of bid interest, without citing possible buyers.
I have never been in this position before, working for a company that may be about to be taken over.
Well like all workers in this position I will just have to wait and see. At least my 317 shares have gone up by over £51. Now lets see; what shall I spend it on?