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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.

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