City File: New deal

Sunday 24 January 1993 00:02 GMT

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McCarthy & Stone has thought of a novel way of selling its shares. If you buy 500, you receive a voucher for a pounds 1,000 reduction in the cost of one of the company's retirement homes. At 24p each, the shares would cost you just pounds 120. Whether the shares are good value is another question.

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City File: New deal

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