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Old 21-05-2004, 20:45   #107
Mick
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Re: [Merged] Telewest Broadband to increase speeds

Quote:
Originally Posted by scastle
I realise I am being picky here, but that article just points out the way is clear. It does not say it will happen.
You are saying what I had already said in the post you quoted.

Anyway Read this thread if you have not already:-

http://www.cableforum.co.uk/board/sh...ad.php?t=12633

Particulary where it says:-

Previous attempts to close the deal have been blocked by bondholders led by American hedge fund manager Bill Huff, who stands to become the largest shareholder with 18.4% of the new company.

Other major holders will be Fidelity with 13.3%, Franklin (8.1%), Liberty Media (7.9%) and Angelo Gordon (7.2%).

Fidelity also holds 15% of NTL, Britain's largest cable company, while Huff has 12.9% and Franklin 8.3%.


The signs of a merger are there.
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