Summary
WORTH 10 a share during the unforgettable dot-com boom, ARM Holdings traded as low as 99p earlier this year. But the world leader in designing computer chips to power mobile phones, digital cameras and iPods has bounced back.
Yesterday it was the centre of bid speculation, rising 5p to a year's high of 15314p on hefty turnover of 31m shares and amid talk of a 2.4bn, or 180p a share, cash offer from an American trade buyer.See the full content of this document
Extract
Takeover Talk Beefs Up Arm ; Market Report
Fund managers had begun to pick up stock again following April's first quarter figures after ARM said it would accelerate its share buy-back programme and promised to hike the dividend.
Takeover rumo...See the full content of this document
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