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Not a bed of Roses

28 June 2004 By Hugo Dixon

The UK retailer s boss has tarnished his cleancut reputation by buying shares just after receiving a call from Philip Green. The reputational damage may, at the margin, harm M&S s defence against a possible bid from Green. The reputational damage may, at the margin, harm M&S s defence against a possible £8.4bn bid from Green.

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