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ITV shares rocket after Reuters exclusive on takeover talks

ITV shares rocket after Reuters exclusive on takeover talks

Shares in ITV extended their gains and jumped eight percent on July 14 after Reuters reported that Executive Chairman Michael Grade was in talks with parties interested in taking a stake in the group. ITV was already up 7 percent on an upgrade, bid speculation and a higher market, but this gain extended to 15 percent following the Reuters story.

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