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peterrocket
Founding member
Dunno if this has been mentioned anywhere yet...
NTL DECLARES INTEREST IN ITV MERGER
Cable company NTL said today it was interested in pursuing a merger with broadcaster ITV.
The UK's biggest cable operator, which has already bought Virgin Mobile and Telewest this year, said it had advised ITV of its interest in exploring a "possible combination transaction".
It has scheduled an initial conversation with the company, which has struggled recently in a weak advertising market.
NTL said: "This process is at a very preliminary stage and there is no assurance that these discussions will lead to any offer being made for ITV."
NTL DECLARES INTEREST IN ITV MERGER
Cable company NTL said today it was interested in pursuing a merger with broadcaster ITV.
The UK's biggest cable operator, which has already bought Virgin Mobile and Telewest this year, said it had advised ITV of its interest in exploring a "possible combination transaction".
It has scheduled an initial conversation with the company, which has struggled recently in a weak advertising market.
NTL said: "This process is at a very preliminary stage and there is no assurance that these discussions will lead to any offer being made for ITV."
