Blinkx the subject of bid speculation
Blinkx, a listed UK-based internet video search company, was the subject of bid chatter, according to a Daily Telegraph market report. The newspaper did not cite a source for the speculation.
Blinkx shares gained 3p to close at 33.75p on Friday, 4 July, after having fallen sharply this week after the company admitted that profits would be lower than previously expected. The company’s market capitalisation stood at GBP 135m (EUR 170m) at the close of trading in London on Friday.
Source Daily Telegraph