Investors Betting On Rank's Revival Must Hold Their Nerve

Mail on SundayJune 05, 2011

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Summary


RANK has had more than its fair share of misfortune over the past decade. Hit by changes in taxation, the ban on smoking in public places and the recession, the company also expanded too far and too fast.

Chief executive Ian Burke has been doing his best to set the company straight since he arrived in 2006 and has made a pretty good job of it, concentrating on bingo, casinos and interactive gaming and upgrading venues so they are bright and modern.

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Extract


Investors Betting On Rank's Revival Must Hold Their Nerve

Now Rank has received a 150p-a-share bid from Hong K...

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