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Old 22-01-2009, 19:30   #4
Chris
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Re: BBC and Channel 4 in talks to buy Virgin Media's UKTV stake

Prior to the merger, when this stake was owned by Telewest, senior NTL executives were known to want to get shot of them. It was a sticking point in the merger talks for a while, IIRC. I think the difficulty in getting a reasonable price for them at the time is the only reason they are still part of VM now.
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