A stitch in time
12 April 2006
It s not that the fund manager got an exceptional price for its shares in the UK exchange. It s that the main driver the prospect of an auction for the LSE has slightly unravelled. Taking money off the table makes sense. It s not that the fund manager got an exceptionally high price for its shares in the UK exchange. It s that the main driver of the stock the prospect of a competitive auction for the LSE has slightly unravelled.