Cable & Wireless Plc disappointed followers of Telephone Rentals Plc who had hoped the company would add a share exchange option to its cash or loan notes bid, and simply dismissed its target’s record as unexciting and its prospects as an independent company as questionable, and simply extended its 305 pence a share offer for another four weeks; shares it has bought, plus acceptances so far amount to just 2.56%.
CABLE & WIRELESS EXTENDS ITS 305 PENCE A SHARE OFFER FOR ANOTHER FOUR WEEKS
