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Reason to Hang onto Morrisons Shares as the Take-Over Tussle May Not Be Over

Hello, Share Wonderers. What about shares in Wm Morrison Supermarket (MRW)? There’s a takeover situation which can see the price rise. But it’s also been argued on this illustrious website recently that it might be better to sell at the across-the-counter price now because if rivals walk away, we can expect the share price to retreat.

EPIC MRW
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Wm Morrison – Apollo Global Management update, take profits?

We previously updated on Wm Morrison Supermarkets (MRW) including noting Apollo Global Management stating that “it is, on behalf of certain investment funds managed by it, in the preliminary stages of evaluating a possible offer for Morrisons” meant that we could still see further upside potential with a competitive bid situation developing. There has now been a further announcement from Apollo.

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