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Old 21-05-2004, 13:45   #2
Chris
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Re: Telewest debt deal put to the vote

Quote:
Originally Posted by SMHarman
<snip>the company will be renamed Telewest Global and its listing will be moved to New York's Nasdaq market.
Which is also where NTL's shares are.

Quote:
Other major holders will be Fidelity with 13.3%, Franklin (8.1%), Liberty Media (7.9%) and Angelo Gordon (7.2%).

Fidelity also holds 15% of NTL, Britain's largest cable company, while Huff has 12.9% and Franklin 8.3%.
So, some of the biggest shareholders in NTL are also shareholders in Telewest, and all the shares will be on the same exchange in New York. Anyone still doubt that a merger is imminent?
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