Giordano buyout

In order to show that I am a sound M&A journalist, I am going to boast about my posting on August 4 which stated Giordano is a takeover target by a trade player. Later in the month, rumors started to circulate that Fast Retailing, the Japanese apparel maker which markets UniQlo, has approached a buyout of Giordano. The talks were later complicated with alleged insider trading and a defensive Giordano management. So its share prices returned home quickly.