Rackspace tight-lipped about takeover rumours

Doug Woodburn
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Rackspace tight-lipped about takeover rumours

Rackspace refuses to address press speculation as it reports rise in Q2 sales and profits and voices caution over Brexit

Rackspace was staying mum on widespread rumours it is on the brink of being acquired as it unveiled a rise in Q2 sales and profits. The managed hosting firm's share price leapt by 30 per cent on...

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