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Old 21-01-2010, 12:56   #7
Mick
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Re: Sky ordered to cut stake in ITV

Quote:
Originally Posted by Dukefever View Post
How much could they lose then?
A lot less than if they had gone with the Competitions ruling back on September 29th 2008. This delay in the appeals process has helped to trim back some significant losses given that the ITV Share price is 41% higher today than it was in Sept 2008.

They will have still made a big loss though overall, they paid around £940,000,000 back in November 2006.
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