Man United's share price has taken a massive hit these past few days after a report suggested the Glazers were ready to take the club off the market
Sunday's report from the Daily Mail suggested the Glazers were contemplating taking United off the market. The reason for this was because bidders Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe had not reached the £10bn mark.
What share price changes mean for takeover According to The Athletic, the reason behind the sudden increase in the share price when a takeover is being rumoured to be close is because institutional investors have bet on a quick win for Sheikh Jassim. When this looks less likely to happen, the share price slumps which explains what has happened since the weekend.
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