David Jones Confirms Withdrawal of Bid by UK Firm - 0 views
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macy macon on 03 Jul 12"A takeover bid of A$1.7 billion ($1.74 billion) by a virtually unknown UK-based private equity fund for acquiring David Jones, Australia's second largest department store chain, has been withdrawn. After surging 15 percent, its shares slipped back 8.5 percent. "