Reuters first with Gulfsands bid news

Reuters clients were the first to read of the actual bid approach price for oil and gas explorer Gulfsands Petroleum when reporters in New Delhi and London worked together on a Sunday to nail down the details. Reuters revealed that the bid price was 315 pence per share, a development unmatched by other news organizations, including Bloomberg. The story also named the bidders. The following day, Monday, the shares hit an all time high and on Tuesday the price and bidders were confirmed in RNS statements, tallying exactly with the details in the Reuters story.