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July 26, 1987

THORN EMI’S PURCHASE AND RESALE OF UNITED SCIENTIFIC SHARES WORTHWHILE

By CBR Staff Writer

Thorn EMI’s little adventure in United Scientific shares turned out to be quite worthwhile: the company bought its 4.91% stake at between 240 and 260 pence, and sold out at 320p, to give it a UKP1.9m profit.

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