Australian Market Report of May 21, 2010: GUD Holdings (ASX:GUD) to Make Takeover Bid for Dexion (ASX:DEX)

  Sydney, Australia, May 21, 2010 - (ABN Newswire) - The Australian share market sank massively at opening on Friday, after Wall Street and European markets overnight slumped again due to Europe debt jitters. The Dow Jones industrial average experienced its deepest one-day plunge in more than a year, as investors feared that the European debt crisis might spread around the world.  

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