Friday May 9, 01:53 PM
Blinkx moves to quash bid rumours
LONDON (Thomson Financial) - Blinkx Plc (LSE: BLNX.L - news) . issued a statement saying that it 'is not aware of any external bids
or bid-related reason' for the recent rise in its share price.
At 1:32 p.m., shares in the software developer were up 2-3/4 at 27-3/4, down from an intraday high of 38-1/4.
The company's shares were boosted Friday by rumours swirling around of a 60 pence per share takeover for the company, possibly by Rupert Murdoch's News Corp.
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