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Wetherspoon moves to buy up smaller pubs on the cheap amid Covid crisis

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Chain targets London pubs as ex-Greene King boss leads separate buying spree

Pubs driven to financial ruin by the impact of the pandemic could be bought up on the cheap under plans being drawn up by JD Wetherspoon as well as by a new venture fronted by the former boss of Greene King.

In a statement to investors, Wetherspoon said it was raising up to £93.7m by placing new shares.

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