Thread: NTL bought out
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Old 28-12-2004, 13:51   #36
Toto
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Re: NTL brought out

Quote:
Originally Posted by BBKing
The clincher for me that this is tosh is that I cannot understand why a deal would be so secret that no business journalist would have heard of it, yet ordinary staff at British Gas not only know but are free to talk about it. Doesn't add up.
Yes, I'd say the business reporting community would leak such information before, or at the same time any deal, secret or otherwise had been made. I'm sure Chrysalis will be able to clarify the situation when he chats with his/her sister again.

It's worth poining out too, that Centrica would have needed to invest heavily considering that the current ntl share price is trading around the $70 mark
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