Bizspace is set to name Highcross as its preferred bidder, according to rumours.
Highcross is thought to have offered at least 90p a share through its second UK property fund Highcross II.
The shares closed down 1.5p at 85p ahead of tomorrow’s full-year results despite the gossip. Dealers expect news of a revised asset value which could be around 95p.
References: The Times 16/05/06 page 49 (Small Caps), The Guardian 16/05/06 page 28 (Market forces)
