Royal Mail Accelerates Privatization Timeline

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NEW YORK (TheStreet) — A couple of months ago the UK government announced its intention to privatize the Royal Mail through a public stock offering as soon as April 2014. Spearheaded by Business Secretary Vince Cable however the timeline for a stock flotation has accelerated and could be as soon as the middle of next month. A formal announcement today would be the kick-off to starting the …

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