Sir Richard remains confident of ntl Virgin deal
# Dec 8, 11:53 PM by Mick
The bid continues between ntl and Virgin Mobile to strike a deal and at the right price and according to the Independent, Sir Richard Branson has suggested a deal could still be struck if a further ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£100 Million is tabled. The Virgin Mobile board had earlier rejected ntl’s offer. Claiming ntl’s offer ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€¦Ã¢â‚¬Å“materially undervaluedÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€šÃ‚Â the telecoms group.
Sir Richard, talking to Radio Five Live listeners had stated, “I don’t think that NTL are going to fall out for what is a relatively small amount of money.” He also added, “I have a feeling that somehow an agreement will be reached.”
More over @ The Independent.