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Hunter abandons plans to take over Flying Brands

Scotland's richest man Sir Tom Hunter has abandoned his attempted takeover of wilting home shopping business Flying Brands because the asking price - according to a source familiar with the retail and property magnate - was "simply ridiculous".

SCOTLAND'S richest man Sir Tom Hunter has abandoned his attempted takeover of wilting home shopping business Flying Brands because the asking price - according to a source familiar with the retail and property magnate - was "simply ridiculous".