Friday, 19 October 2007

Stagecoach takeover rumours

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?

5 comments:

Captain said...

I've been there, it's good at first but at some point down the line the humble worker gets shafted.

David said...

i had a feeling that would be the case.

Prodigal Green said...

First or Arriva?
One day we'll end up with one UK bus company like before deregulation.

Lord Hutton said...

But will Brian and Ann want to cash in just yet?

David said...

If I had as much cash as Brian and Ann I would. Also Brian wanted to be the biggest bus opperator in the world. After America that was no longer posible. Maybe he has lost interest in buses.
Time will tell.