A word here, a number there . . . nothing remotely solid has been established, but rumors that Google and/or News Corp bid on video search engine Blinkx were enough to send the company's stock up 53 percent today.
Shares of Blinkx, which trades on the London Stock Exchange, went as high as 38.25 pence after opening at 25.00 pence. The ghost bid could have, according to Peter Garnham and Neil Hume, been as high as 60 pence.
And Blinkx's stock is heading back down, so it looks as if investors now believe that no buyout is imminent.
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