Take it out of its misery

The ghosts of Leuppen are all over the place..........................as he sips a cocktail on some far off beach his successors have clean up the dirt...................

A takeout..................

"Diversified services firm UGL is believed to be in the sights of a major local rival as its share price continues to languish well below the levels seen a year ago. Downer EDI and Transfield Services are considered the most likely buyers of the $250 million-plus group, though it’s unclear which party is at the centre of the speculation. On the surface, Transfield appears the most logical suitor as it endeavours to fend off the advances of Spanish predator Ferrovial.