Dods Group rallies as it responds to rumours

The share price of AIM-listed specialist publishing and training group Dods (LON:DODS) has risen by 10% to 8.25p (as of 13:20 BST) after it confirmed press speculation that it is in advanced and exclusive talks with Merit Group about a combination of the two companies.

A further announcement will be made in due course, but management did state that any deal would be funded by a combination of debt and equity on top of the firm’s existing cash resources.