Plusnet shares soar on rumours of BT bid

http://news.independent.co.uk/busine...cle1842591.ece

"BT Group is in talks to buy the smaller rival Plusnet, the low-cost
broadband supplier and telecoms company. Industry sources said talks
between the two companies are at an early stage."

Shares up 12% this morning.

Phil

"PhilT" <(E-Mail Removed)> wrote in message
news:(E-Mail Removed) ups.com...
> http://news.independent.co.uk/busine...cle1842591.ece
>
> "BT Group is in talks to buy the smaller rival Plusnet, the low-cost
> broadband supplier and telecoms company. Industry sources said talks
> between the two companies are at an early stage."
>
> Shares up 12% this morning.

Or put another way ... share value still down over 50% on 52 week high
;o)

In article <er-(E-Mail Removed)>, Gizmo
<(E-Mail Removed)> writes
>
>"PhilT" <(E-Mail Removed)> wrote in message
>news:(E-Mail Removed) oups.com...
>> http://news.independent.co.uk/busine...cle1842591.ece
>>
>> "BT Group is in talks to buy the smaller rival Plusnet, the low-cost
>> broadband supplier and telecoms company. Industry sources said talks
>> between the two companies are at an early stage."
>>
>> Shares up 12% this morning.
>
>Or put another way ... share value still down over 50% on 52 week high
>;o)

Couldn't happen to a nicer bunch :-)
--
fred
Plusnet - I hope you like vanilla

Gizmo wrote:

> Or put another way ... share value still down over 50% on 52 week high

or put another way back to the price I originally paid for the first
batch which I sold just after the peak, to rebuy 3 weeks ago for a
third of the price and sell again today +50%. :-)

Enough gain for 2 years broadband charges.

Busy day today...
LONDON (Dow Jones)--Carphone Warehouse PLC (CPW.LN) shares fell more
than 16% Thursday after Vodafone Group PLC (VOD) did a deal with a
rival that means the U.K. mobile retailer will no longer be able to
offer Vodafone contracts.

Phil