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Lecram Holdings withdraws takeover bid for Purplebricks

Lecram Holdings - an investment vehicle run by Adam Smith - put forward a 0.5p per share proposal last Friday, valuing the embattled company at around £1.5million.

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Purplebricks PLC looking at 10% cut to staff

Purplebricks Group PLC (AIM:PURP) is said to be mulling a reduction of 10% in its staff to save costs and cope with a weakening housing market. The.

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