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Old 04-02-2005, 12:54   #18
bob_builder
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Location: South-East-Cambridge
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Re: ntl plans £475m share buy back

Quote:
Originally Posted by Paul M
The two are unrelated. The money to do this is coming from the 1.2 billion or so that they got for selling "broadcast". This obviously leaves over 700 million that could be used for other stuff if they wanted.
They will probably use it to pay off any debts they still have.
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