Manchester United stock tumbles as Sheikh Jassim withdraws bid
) shares fell sharply in early Monday trade following reports that the Qatari group led by Sheikh Jassim bin Hamad J.J. Al Thani had withdrawn its bid for the Premier League titan.
The terms of Jim Ratcliffe's bid for Manchester United suggest a valuation of the football club at nearly $6.5B, not including its net debt, which stands at over $600 million.
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