Senior trading below LSF''s fifth and final offer proposal Senior PLC (LON:SNR), the manufacturer of high technology components and systems, jumped 14% to 172.8p as LSF XI Investments upped its offer terms. LSF, which is advised by Lone Star Global Acquisitions, said its fifth and final offer proposal has been pitched at 200p a share. Seniors board had previously rejected a 185p a share offer from LSF last week. 10.00am: Private equity predators circlings Morrisons Wm Morrison Supermarkets PLC (LON:MRW) soared on Monday morning as investors may be anticipating a bidding war. The supermarket giant recently rejected the unsolicited £5.5bn takeover approach from US private equity firm Clayton, Dubilier Rice on the grounds that it significantly undervalued the business. It was priced at 230p per share, which is now below the current level of 234.7p (up 32%) following this mornings rally. Under takeover rules CDR has until 17 July to make a formal offer. 9.05am: Dev Clever after enter into "transformational" tactical partnership