(Adds analyst comment, background) FRANKFURT, Jan 24 (Reuters) - Shares in German truckmaker MAN rose as much as 2.9 percent to a record 78.01 euros on Wednesday as investors welcomed its decision to drop a hostile bid for Scania and pursue a friendly deal. "We view this announcement as positive for MAN as we continue to see the industrial logic behind the deal and believe that a merger scenario reduces the likelihood of MAN overpaying in a hostile bid," JP Morgan said in a research ...
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