The Guardian | Engineering giant GKN battles to hold off £7bn takeover The Guardian GKN and its potential buyer Melrose have both begun lobbying the engineering firm's shareholders as the battle for control hots up. The news has helped push GKN shares up 3.5% to 435p, compared with the current value of the Melrose offer of 422p a ... Engineering giant GKN rejects £7bn takeover bid |