Glazer&#39;s Man Utd stake nears 30%
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JP Morgan, the investment bank advising Malcolm Glazer, today said its client had raised his stake in Manchester United to 28.11%, putting the American within touching distance of the holding he would need to launch a takeover bid.
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Tampa Bay Buccaneers owner Malcolm Glazer confirmed Monday that he had increased his stake in Manchester United to more than 25 percent.
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The US billionaire forked out the fortune to raise his stake in United from 19.2 per cent to 25.5 per cent. And with his holding now worth Â£190million, his spending may not stop there.
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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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Shares in Manchester United Plc rose 3.1 percent after a newspaper report yesterday said the soccer club&#39;s two biggest investors may sell their stake to billionaire Malcolm Glazer for 310 pence ($5.
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Malcolm Glazer edged closer to triggering a mandatory bid for Manchester United last night by increasing his stake in the club to 27.
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Malcolm Glazer is this week expected to try to persuade the Manchester United board to recommend a highly leveraged offer of 285p a share for the Premiership club.
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Malcolm Glazer upped his stake in Manchester United for the third straight trading day. The billionaire investor now holds 28.11% of the world&#39;s richest soccer club, and London Stock Exchange rules say any
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Football: Although Malcolm Glazer has yet to make a formal offer for Manchester United, between the American and the Irish duo of JP McManus and John Magnier three men now own a controlling interest in the club - a fact that should should not be lost on
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Manchester United major shareholder John Magnier is set to reveal his plans this week over Malcolm Glazer&#39;s bid to buy-out the club.
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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.
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Manchester United has received a new bid approach from Malcolm Glazer, boosting its shares, but the world&#39;s richest soccer club says it will only talk to the US financier if he makes a firm offer.
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US sports tycoon Malcolm Glazer pays Â£17m to increase his stake in Manchester Utd for the second time in four days.
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The spectre of a Manchester United takeover by American businessman Malcolm Glazer edged closer last night when sources close to the multi-millionaire said that he could trigger a
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The takeover battle for Manchester United Football Club (MUFC) is far from over, as Malcolm Glazer has again increased his share in the worldâs richest football club.
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Britain's Manchester United Plc said on  Tuesday U.S. financier Malcolm Glazer has raised his stake in  the world's richest soccer club to 27.63 percent from 25.3  percent, heightening speculation that he could bid for the  team.
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Tampa Bay Buccaneers owner Malcolm Glazer is on the verge of a possible takeover of Manchester United, the world's richest and one of its most storied soccer clubs, much to the dismay of its fans. In three consecutive trading days, Glazer has hiked his ownership share of the English team to 28.11 percent. If his ownership reaches 30 percent, he ...