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The Qatari who owns P.S.G. bid closer to the price, but Tévez and his adviser cut — not cut a deal with — Paris.
But analysts say a bid closer to 800p, valuing the company at about £19bn, could win the support of Pru shareholders.
The east London club have insisted that Ashton is not for sale yet Tottenham, who are preparing for life without Dimitar Berbatov, believe that a bid closer to £20m might force their hand.
More than an "English" auction, where bids are public, this would play on applicants' fear of missing out, encouraging high rollers to bid closer to what they are willing to pay, rather than just a fraction more than their competitors, says Paul Klemperer, an auction theorist at Oxford University.
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Last time, Lloyds bid close to £13.
On this math, Kraft might have justified a bid close to 900 pence a share.
Levy will sell to Madrid if they bid close to £40m.
Lafarge had obtained only 44.5percentt of Blue Circle's shares when the bid closed yesterday.
The shares rose about 7percenttodayay on news of the possible bid, closing at 10.29 euros.
The Journal said that Philip Morris had bid close to $55 a share and that the Danone-Cadbury bid was close to $50 a share.
The restaurant chain, which was trading at about $3 when RDG made its first bid, closed on Monday at about $8.96.
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