By Robert Sutherland Smith | Monday 13 January 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The first thing to note about the 4.6% Sports Direct (SPD) stakeholding in Debenhams, (DEB) announced today - or so it seems to me - is the fact that it is neither an Icelandic entrepreneur nor a hedge fund but a successful high street retailer.
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