MoneyWeek

How to stop the takeover of Britain

When bidding finally closed last weekend, the auction of Morrisons turned out to have been less exciting than many of the speculators had been hoping. Clayton, Dubilier & Rice, the original bidder, walked away with the prize at 286p a share, less than the shares were trading at in the week before the auction closed (see page 7). At £7bn, whether the retailer will turn out to be a great investment remains

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