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Originally Posted by Chrysalis
Funny words, a company that apperently has no money buying out another company.
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Good to see you read the reply above yours:
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Originally Posted by Me
For the curious 'buy out' is could be pretty much the same as merger in this case, all mergers require one company to buy out another, just it's going to be with stock in the new company, so stockholders in Telewest will be paid for their TW shares with shares from the combined company.
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ntl certainly don't have the cash for an all cash buyout of a $4.5 biilion company.
Just a reminder this isn't even a buyout for the most part it'll be the people who own both companies rearranging their assets to be cold about it. They're hardly going to vote against their one company taking over the other.