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Britain's pawnbroker Albemarle & Bond abandons hunt for buyer

from The Guardian

The U.K. pawnbroker Albemarle & Bond has scrapped an attempt to sell itself and declared that its shares could now hold little value. Britain's second-biggest pawnbroker put itself up for sale in early December after it admitted it had resorted to melting down and selling gold items in its shops to shore up its finances. more


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