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Old 04-07-2005, 13:47   #121
Pierre
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Re: [Merged] NTL & Telewest Merger

Quote:
Originally Posted by Chris T
It's worth re-stressing the point being made in the media at the moment, that while we've been using the word 'merger' all these months, what is actually happening is NTL buying Telewest. It will be interesting to see what happens in the boardroom. It could still turn out as a very interesting reverse-takeover, in which NTL buys Telewest, but Telewest management takes over the combined company.
Which is what happened to parts of the company after we bought Consumer Co.

Some in ntl were very aggreived when part of CoCo came in and started telling us how we should be doing things. Not that thier processes were any better.

Power struggles ensued, and still exist today.

It will be very,very messy for a long time.
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