Home News Forum Articles
  Your number one Virgin Media Cable, Computer & Internet Resource - Welcome back on Join Join
You are here You are here: Home | News Articles
Navigation
Adverts

Virgin Mobile reject ntl offer

# Dec 8, 04:39 AM by Nemesis

The Telegraph is reporting that Virgin Mobile had last night dramatically rejected ntl’s £817m takeover offer, citing the approach “materially undervalued” the telecoms group. Last nights decision by the Virgin board was apparently not known by Virgin’s Sir Richard Branson and ntl chief executive, Simon Duffy.

However, despite the rejection – Sir Richard Branson is, according to the Telegraph, expected to press on with the deal even though he decided to leave the final decision to the Virgin board.

Read more @ the Telegraph.

What is this button for? Use the AddThis button to quickly bookmark this page, share the article by e-mail, or post it to the social networking website of your choice.

Adverts
Search
Search Here  Search CF