Tracker rides high on MBO offer

Friday 09 April 1999 23:02 BST

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SHARES IN car security company Tracker Network jumped 23 per cent to 645p yesterday after the company said it had received a management buyout offer.

Tracker, which provides electronic systems allowing vehicles to be traced it they are stolen, said it had received an indicative offer of 670p a share, valuing the company at around pounds 37m.

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Tracker rides high on MBO offer

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