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GBP/USD: Bulls Get a Day in the Sun on M&A Speculation, Economic Data

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The big news in global markets today is Anheuser-Busch InBev's higher buyout offer to SABMiller. After the British-domiciled SABMiller turned down offers of £38 and £40 per share earlier, AB InBev raised its latest proposal to £42.15/share for a total value of $104B. If accepted and approved by anti-trust regulators[​IMG]

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