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Old 18-10-2004, 13:53   #5
Graham F
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Join Date: Sep 2003
Posts: 1,604
Graham F has reached the bronze age
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Re: Tv Tower bids...

Quote:
Originally Posted by Escapee
What's the reason to sell, are they making a loss?

I guess they need the cash as they did last time they tried to sell them, it was the only part of the business making profit and the only bit worth selling back then!
to reduce the overall debt and then that would reduce the repayments, called sensible business. Unlike what they did when they got into debt!!!

It also makes the possible merger with Telewest, as that would of been the odd part of the companies...
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