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UK says last minute price hike would have risked Royal Mail sale

The selloff of Royal Mail has grabbed headlines in 2013, with unions and opposition lawmakers heavily criticizing the government after shares in the firm rocketed by as much as 80 percent above the October 330 pence offer price. "Had we have sought to push the price range higher we would have lost a significant number of the long term investors who we wished to attract into the company …

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