Summary
Struggling high street giant Marks & Spencer today knocked back a (pounds) 9.1billion takeover proposal from retail tycoon Philip Green.
The retail store, which has had problems with a number of failed ranges in recent years, planned to fight off the hostile bid by launching new ranges at more affordable prices.See the full content of this document
Extract
M&S Rejects (Pounds) 9.1bn Offer
Six years ago, M&S was the most profitable ret...
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