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Treasury shares have since surged past the spurned A$4.70-a share bid, and traders are betting that the winemaker is more likely to win a higher offer than any other large target of a deal announced in Asia this year, according to data compiled by Bloomberg
http://mobile.bloomberg.com/news/2014-05-22/kkr-firesale-bid-for-penfolds-has-room-for-bump-real-m-a.html
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