United shares soar on takeover speculation
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Industry sources say US sports tycoon Malcolm Glazer is poised to make a 650 million pounds ($A1.6 billion) bid for control of English superclub Manchester United.
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A successful bidder for Manchester United could have to pay more than 300p a share, City sources suggested yesterday. The stock rose 13.
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American tycoon Malcolm Glazer is reportedly poised to make a takeover bid for Manchester United.
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US sports tycoon Malcolm Glazer bought more shares in Manchester United on Monday, lifting his stake to 27.63 percent and heightening speculation that he will bid for the club, sources said.
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The Guardian says representatives of Glazer, who owns a 28% stake in the club, are believed to have met Manchester United&#39;s chief executive, David Gill, last week to say the American tycoon is considering submitting a fresh Â£800m offer.
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LONDON : The family of US sports tycoon Malcolm Glazer said it had raised its stake in Manchester United to 27.6 percent from 25.3, making it almost the largest shareholder in the world&#39;s richest football club.
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Shares in United Airlines' parent company, UAL Corp., rose yesterday following a published report that it has retained Goldman Sachs Group Inc. to explore strategic options, including possible mergers with other carriers.
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LONDON (CBS.MW) -- Manchester United, the most well-known soccer club in the world, is expected Friday to make a statement on the status of its takeover approach, the BBC reported, as speculation grows that Malcolm Glazer&#39;s talks with its largest
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Shares in Sainsbury&#39;s have risen more than 3 percent to a five-week high as investors digested reports of a possible 8 billion pound plus bid for the supermarket chain.
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PREMIERSHIP club Manchester United yesterday confirmed it was the subject of takeover interest after announcing it had received a &quot;preliminary approach&quot;.
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London: Manchester United, the worldâs wealthiest football club, confirmed on Monday they have received a âpreliminary approachâ regarding a possible takeover bid.
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LONDON: Manchester United received a bid approach on Monday that boosted their shares by over 5% as industry sources said US sports tycoon Malcolm Glazer planned a bid of over Â£650mil.
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Malcolm Glazer has increased his stake in Manchester United for the third day in succession to take his holding to 28.11 per cent.
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LONDON - Manchester United have received a bid approach that boosted their shares yesterday and fanned talk that American sports tycoon Malcolm Glazer is planning a bid likely to top Â£650 million (S$2 billion).
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Manchester United fans have been urged to snap up shares in the club to scupper a projected takeover bid by American billionaire Malcolm Glazer.
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US sports tycoon Malcolm Glazer pays Â£17m to increase his stake in Manchester United for the second time in three days.
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LONDON: Manchester United said on Tuesday US sports tycoon Malcolm Glazer had lifted his stake in the worldâs richest soccer club to 27.