Manchester United Shares Drop Amid Report That Talks Have Ended
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Shares of Manchester United Plc, the world&#39;s most profitable sports franchise, dropped as much as 6.8 percent after newspaper reports said takeover talks collapsed between US billionaire
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Manchester United has confirmed it has held more talks with US financier Malcolm Glazerwho wants to take-over the club. But in a statement on Monday it would not hold any more talks unless a definitive offer was put on the table.
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Manchester United fans still celebrating yesterday&#39;s victory over Arsenal received what most would regard as even better news today - the club has ended takeover talks with Malcolm Glazer.
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US sports tycoon Malcolm Glazer is still considering a bid for Manchester United but has not made a firm offer after talks with the team&#39;s biggest investors broke down, the world&#39;s richest soccer club said on Friday.
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Shares of EMI Group PLC, whose artists include Coldplay and Robbie Williams, dropped more than 8 percent Thursday after the music company said it had ended takeover talks with an unidentified suitor.
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Takeover talks between two of Manchester United&#39;s biggest shareholders and Malcolm Glazer appear to have broken down. It is believed the US businessman has failed to reach a deal with John Magnier and JP McManus
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English soccer club Manchester United has ruled out holding new talks over a possible bid for the club by US tycoon Malcolm Glazer, the Financial Times reported on Monday.
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Manchester United has warned that lower TV revenues will hit earnings this year, after posting a dip in annual profits. The world&#39;s richest soccer club and the subject of
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US tycoon Malcolm Glazer's attempted takeover of Manchester United has been called off, the club is expected to announce.
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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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Story in full MANCHESTER United, widely regarded as the worldâs most profitable football club, today announced that their annual profit had slipped to Â£27.
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The proposed takeover of Manchester United by the American billionaire Malcolm Glazer collapsed last night when it emerged that the club&#39;s major shareholder, John Magnier
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The extracts on this page are taken from selected national newspapers. The views expressed here do not necessarily reflect the views of Manchester United PLC.
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Manchester United&#39;s share price has fallen dramatically amid rumours about the collapse of a deal between the club&#39;s prospective owner Malcolm Glazer and its major shareholders John Magnier and JP McManus.
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Manchester United have announced that they&#39;ve broken off talks with US tycoon Malcolm Glazer over a potential takeover of the Old Trafford club.
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Malcolm Glazerâs bid for Manchester United is dead in the water after major shareholders John Magnier and JP McManus told the American there was no basis for a deal.
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Manchester United plan to sit down with their two biggest shareholders and put an end to months of speculation over the ownership of the world's richest soccer club.