Undervalued BT bolsters defence as potential takeover attempt looms

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BT’s share prices have taken a nose dive this year, plummeting 48% to just 101.8p at the end of last week. As a result, the company is more vulnerable than ever to a potential take over, leading the ex-incumbent operator to ask Goldman Sachs to update its defence strategy against such a bid, according to reports.   The past few years have clearly been a difficult time for BT…

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