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The latest offer from the government remains derisory and insulting.
The LSE rejected the bid as "derisory" and the Australian firm eventually withdrew.
The FSA thought the offer derisory, and broke off discussions in May.
Those bids were immediately rejected out of hand as derisory and insulting," it read.
A Unite union spokesman called the offer "derisory" and that it added "insult to injury".
The London exchange called the offer "derisory" and urged its shareholders to take no action.
Similar(20)
The stories that have emerged have been at turns celebratory and derisory, tender and brutal, painfully true and wildly illusory.
Werner G. Seifert, the head of the Frankfurt stock market, refused to sweeten the terms of a proposed merger with the London Stock Exchange today, dismissing a rival bid of $1.2 billion by OM Gruppen A.B. of Sweden as "ridiculous and derisory".
[C20.] Frankfurt Exchange Standing Pat Werner G. Seifert, the head of the Frankfurt stock market, refused to sweeten the terms of a proposed merger with the London Stock Exchange, dismissing a rival bid of $1.2 billion by OM Gruppen of Sweden as "ridiculous and derisory".
At the entrance to hotels and shopping malls, it was possible to hear derisory -- and slightly nervous -- comments about the lax security.
"The board has emphatically rejected this derisory offer and has strengthened its resolve to ensure the true value of Cadbury is fully understood by all," Carr added.
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