Meanwhile, Blinkx (LSE: BLNX.L - news) shares softened in afternoon trade, but still closed up 6-1/2 pence at 31-1/2, as the company moved to quash recent bid rumours by saying it 'is not aware of any external bids or bid-related reason' for the recent rise in its share price.
Earlier in the day the market reacted positively to rumours circulating of an impending 60 pence-a-share offer, possibly by Rupert Murdoch's News Corp. Sources say he is likely to face competition from Google (NASDAQ: GOOG - news) and Microsoft (NASDAQ: MSFT - news) .
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