Summary
MARKET REPORT SHARESof fast-growing Carphone Warehouse have performed badly since the spring, but they came storming back yesterday amid vague talk of a buyout.
The price reached a peak of 3603/4p in May, but has since lost more than Pounds 1 to trade recently at a low for the year of 250p. Yesterday the price continued to climb off recent lows, fuelled by talk of a possible leveraged buyout worth 300p a share, which would value the group at Pounds 2.6 billion.See the full content of this document
Extract
Broadband Battle Aids Carphone Comeback
The shares remain tightly held, with founder Charles Dunstone still holding almost 34% and David Ross a further 22%, but brokers say it i...
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