Could Bank Go for Just a Penny a Share?

Summary


PREDATORS are waiting for their moment to strike at Northern Rock with a takeover bid.

City analysts suggested that the stricken bank could be sold for as little as one penny a share, such is its dramatic fall from grace.

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Extract


Could Bank Go for Just a Penny a Share?

Other experts were more bullish, suggesting that it could fetch up to 3 a share making the company worth around 1.25billion. But given that it closed ...

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