Olivant makes Northern Rock offer as Flowers quits
LONDON (Reuters) – An investment group led by veteran troubleshooter Luqman Arnold made a long-awaited rescue proposal for Northern Rock on Friday, as another suitor, U.S. buyout firm JC Flowers, pulled out of the bidding.
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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