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(From Financial Director)
Fate is an awful thing to tempt, so you have to feel sorry for Merrill Lynch which recently issued a bearish circular on a FTSE-100 company.
It poured cold water on press speculation of a leveraged buy-out from Royal Bank of Scotland. This was not a new idea, indeed the company in question "has had to endure almost continuing speculation of a bid in various forms for the past six months, if not six years. In our ...