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goldelvis · 25-10-2005, 16:20

Thanks for your time on the above replies however upon further research it has become clear to me that Telewest Communications deliberately changed their name to Titan Plc earlier this year in view of the impending liquidation, then set up a new company Telewest Global in order to keep trading, thus shafting their existing shareholders especially in light of the recent merger with NTL. Shareholders of the old company were actually offered just 1 TW Global share for each 804.40 TW Communication shares! I mean is this right?? I wonder if anyone else have any views/experience of this?

25-10-2005, 16:20	#57
goldelvis Inactive Join Date: Oct 2005 Posts: 2	Re: Telewest going into liquidation? Thanks for your time on the above replies however upon further research it has become clear to me that Telewest Communications deliberately changed their name to Titan Plc earlier this year in view of the impending liquidation, then set up a new company Telewest Global in order to keep trading, thus shafting their existing shareholders especially in light of the recent merger with NTL. Shareholders of the old company were actually offered just 1 TW Global share for each 804.40 TW Communication shares! I mean is this right?? I wonder if anyone else have any views/experience of this?