JC Flowers submits offer for N.Rock: source
LONDON (Reuters) – U.S. buyout firm JC Flowers has submitted an offer for stricken British bank Northern Rock that would include an offer to its shareholders at a “nominal value”, a person familiar with the situation said.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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