(Sharecast News) - Gordon Dadds Group was forced to respond to press speculation on Thursday, which alleged it was in discussions for a potential merger with Ince & Co International.The AIM-traded firm confirmed both itself and Ince & Co were in discussions to merge the two businesses.It said the precise structure and mechanics of the transaction were also under discussion, with the respective boards working towards a further announcement as soon as possible."There can be no certainty at this time that the merger will proceed, and we will update shareholders in due course," the directors of Gordon Dadds cautioned in a statement.