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Old 01-07-2007, 20:15   #14
Horace
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Re: Buyout firms set their eye on Virgin Media

Quote:
Originally Posted by RizzyKing View Post
If you think VM are crap just wait till these guys if successful take over then you will really know poor service. But having said that lets remember private equity groups like to do this they announce their intention to take something over and then panic jittery shareholders into selling so they can buy those shares. I think it is unlikely that this deal will go ahead i hope to god it doesn't.
You don't really understand how the stock-market works do you? A possible buy-out would have the opposite effect, pushing the share price upwards. The problems for the shareholders come if the buy-out fails or they back out of the bid with shares often falling below their original level.

As for how it will affect VM customers, I doubt it would make a huge amount of difference. Most of the problems currently being suffered seem to be as a result of the merger between TW and NTL.
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