A Battle That has Only One Bottom Line

Mail on SundayJune 14, 2004

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Summary


Philip Green had a go at them last week. Tomorrow, major fund managers will meet in secret to discuss him. Well, not him personally, you understand.

More the implications of his sighting shot at Marks Spencer and what that would mean for 'long-term shareholders'.

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Extract


A Battle That has Only One Bottom Line

Clearly, much of the High Street has already disappeared from the quoted sector and into private hands, including those of Green with Bhs and Arcadia.

And almost without exception, fund managers have later moaned that t...

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