01-07-2007, 16:09
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#10
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umuntu ngumuntu ngabantu
Join Date: Jun 2006
Location: Leeds
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Posts: 9,129
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Re: Buyout firms set their eye on Virgin Media
Quote:
Originally Posted by LiamTG
Sell it. Let's face it they would probably provide better customer service, more reliable services and possibly HDTV.
LTG
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Like private equity firms "improved" the AA and Birds Eye? 
AA
"Within months of buying the AA for £1.75bn, the private equity owners Permira and CVC Capital had cut 3,400 jobs.
Permira, the largest private equity group in Europe, last year bought Birds Eye from Unilever and pledged to keep workers' employment terms for at least three years. Within five months it had closed a plant in Hull at the cost of 600 jobs."
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Passion is inversely proportional to the amount of real information available (Benford's law of controversy)
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