Thread: ALL Virgin / NTL merger discussion
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Old 04-12-2005, 17:13   #23
jrhnewark
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Re: Virgin mobile merging with NTL to take on SKY
Quote:
Originally Posted by Albie
What do they mean by a "reverse takeover".
In this case, Virgin Mobile is being taken-over by NTL - however, Virgin Mobile's main shareholder (Branson) will become a major shareholder in NTL in a result... or, that's the gist of it.

Nothing can really get worse as a result of this.
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