(ISAT.L) Inmarsat PLC Buy/Sell

LONDON, Oct 23 (Reuters) - Shares in British satellite communications firm Inmarsat rose as much as 5.8 percent to a five-month high on Friday, with traders citing market talk of renewed interest from stake holder Harbinger.
U.S. hedge fund Harbinger, which bought a 28 percent stake in Inmarsat in late 2007, had expressed an intention to make an offer for the UK company in July 2008.
Harbinger said it had no comment. Inmarsat said it did not comment on market speculation.
More than 1.78 million Inmarsat shares changed hands by 1355 GMT, compared with a daily average of 1.24 million in the past 30 days.

(Reporting by Blaise Robinson, Dominic Lau and Paul Sandle) Keywords: INMARSAT SHARES/ (dominic.lau@reuters.com; +44 20 7542 5440; Reuters Messaging: dominic.lau.reuters.com@reuters.net)

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