Boots and WH Smith shares have already put on weight over the past two weeks on hopes that the bullet will be bitten at Do It All. They have further to go. But don't expect details until after the WH Smith agm this week.
WH Smith is thought to be close to strengthening its board with a hefty appointment. Music sales are picking up, but the shares remain overshadowed by the Monopolies and MergersCommission investigation into news wholesaling.