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Loyds to buy HBOS
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Under the deal, the valuation of HBOS shares would be closer to its closing price last week of 300 pence rather than its current level of around 100p."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested." -
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Originally posted by Diestl View PostbbcHow did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Originally posted by ace00 View PostWhy would they buy at 200% + premium?
If the price is unfavourable, the shareholders can block the merger."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Moscow Mule View PostThe price is worked out on an average of the last x number of days to appeal to the shareholders.
If the price is unfavourable, the shareholders can block the merger.Bored.Comment
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Originally posted by ace00 View PostSOP yes, but hardly the case here? Maybe government backing?
Lets just wait for the facts eh?"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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LTSB should have stayed out of this crap - they were wise not to invest much into subprime junk and should be staying out of it nowComment
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Originally posted by Moscow Mule View PostYou're adding supposition to unfounded rumour on top of something some hack heard in a pub last night.
Lets just wait for the facts eh?Comment
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Originally posted by AtW View PostLTSB should have stayed out of this crap - they were wise not to invest much into subprime junk and should be staying out of it nowHang on - there is actually a place called Cheddar?? - cailin maith
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