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Hedgetalk
by Alex Akesson on January 7, 2008

"It is nothing like the "lame duck" that some would have you believe," said the hedge fund SRM in a statement. "Based on the company's stated guidance regarding its valuation, SRM believes that the company's book value is materially in excess of its current share price."
Northern Rock has been after a reasonable bid since it became a casualty in the global credit crisis this year.
More at Hedge Fund News
Permalink: Hedge Funds in UK Northern Rock Bid
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/109730
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