{"id":7124,"date":"2008-02-13T00:00:00","date_gmt":"2008-02-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bransons-bid-for-the-rock-is-on-a-roll","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/02\/2008\/bransons-bid-for-the-rock-is-on-a-roll.html","title":{"rendered":"Branson&#8217;s bid for the Rock is on a roll"},"content":{"rendered":"<p>This is Money- Sir Richard Branson looks set to win control of Northern Rock, in what would be a major blow to shareholders, who would find their holdings severely diluted. <\/p>\n<p>The Treasury has been told by its adviser Goldman Sachs that Branson&#8217;s Virgin bid is the best offer on the table, sources close to the government have said. <\/p>\n<p>This makes it increasingly likely that Chancellor Alistair Darling will back Virgin&#8217;s rescue plan &#8211; even though it has been condemned by the Rock&#8217;s largest shareholders, SRM and RAB Capital. <\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&#038;ct=us\/0-0&#038;fd=R&#038;url=http:\/\/www.thisismoney.co.uk\/investing-and-markets\/article.html%3Fin_article_id%3D430257%26in_page_id%3D3%26position%3Dmoretopstories&#038;cid=0&#038;ei=wbGyR7zCK56arAPI9bWmDQ\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is Money- Sir Richard Branson looks set to win control of Northern Rock, in what would be a major blow to shareholders, who would find their holdings severely diluted. The Treasury has been told by its adviser Goldman Sachs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7124","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7124"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7124\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}