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Lloyds TSB bid hopes stirred yet again.
(From Banking Newslink)
Lloyds TSB share price surged as the acquisition rumours were once again re-awakened. On Wednesday, the share price increased around 40p to peak at 555p. Things quietened down on Thursday with the price settling around the 535p mark.
Despite the rise in share price there is still no consistency as to who the bidder might be. Wells Fargo was mentioned yet again by some share buyers. They had obviously not heard the categorical denial by Dick Kovacevich, CEO. Bank of America and Citigroup have also been ...
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