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CRANE FRUEHAUF 1 SHARES SOAR

8th September 1967
Page 39
Page 39, 8th September 1967 — CRANE FRUEHAUF 1 SHARES SOAR
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Which of the following most accurately describes the problem?

INEWS of the Crane Fruehauf-Boden I merger plan was carefully timed for I release after Stock Market dealing had

closed. CF shares stood at 25s 6c1 at 3 p.m.

on "Merger-Day". By Wednesday they

I had soared to 30s 3d (compared with a 1967 lowest-point 15s 4÷d). On Friday, Crane Fruehauf also

II announced its pre-tax profits for the first I six months of the year: £389,000—com1 pared with £493,000 for nine months last I year.