BRIEF-Arthro Kinetics says no progress in bid talks

Date : 11/05/2008 @ 5:55AM
Source : TFN
Stock : Arthro Kinetics (AKI)
Quote : 0.1  0.0 (0.00%) @ 1:00AM
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BRIEF-Arthro Kinetics says no progress in bid talks

        LONDON, Nov 5 (Reuters) - Arthro Kinetics Plc: 
    * Takeover discussions continue but there is no material progress to report 
    * Concerned by slow progress which it understands is hampered in part by the
impact of credit crisis on obtaining acquisition funding 
    * Arthro Kinetics announced on Sept 29 it was in preliminary discussions
which may or may not lead to an offer for the company 
     ((London Equities Newsroom; +44 20 7542 7717)) 
     
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